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Why Shares in O Reilly Automotive Soared in March

Shares in auto parts retailer O Reilly Automotive (NASDAQ:ORLY) rose 13.4% in March, according to data provided by S&P Global Market Intelligence. The move is probably more of a consequence of what its peer, AutoZone, reported in early March rather than anything management said. Image source: Getty Images. The following chart shows how closely correlated sales growth at O Reilly and AutoZone is. But here s the thing: O Reilly s fourth-quarter 2020 earnings ended on the final day of 2020, while AutoZone s most recent quarter ended on Feb. 13. Therefore, AutoZone s last earnings covered the period containing around half of O Reilly s first-quarter 2021 earnings. Given that AutoZone reported same-store sales growth of 15.2% in the quarter, it s highly likely that O Reilly is having an excellent first quarter.

BetterInvesting™ Magazine Chooses O Reilly Automotive Inc As Growth Stock and Masco Corp As Undervalued For June 2021

Share this article Share this article TROY, Mich., April 1, 2021 /PRNewswire/  The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced O Reilly Automotive Inc. (NASDAQ:ORLY) as its Stock to Study and Masco Corp. (NYSE:MAS) is its Undervalued Stock in the June/July 2021 issue for investors informational and educational use. As stimulus checks arrive across the country this week, Americans may be asking if they should invest some of their windfall. Take the time to learn how to invest wisely before jumping in.  Helpful tips at: https://www.betterinvesting.org/learn-about-investing/investor-education/investing/how-to-invest-your-stimulus-check, said Ken Zendel, the chief executive officer of the National Association of Investors Corp. (NAIC), the parent organization of BetterInvesting.

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