How Auto Part Companies’ Stock Is Faring
AutoZone (AZO), O’Reilly Automotive (ORLY), and Advance Auto Parts (AAP), the top three US auto part retailers, have seen their stock reach all-time highs in the last three years. In 2017, these companies largely struggled with softening sales growth, which took a toll on their stock. This year, ORLY and AAP have recovered, while AZO has stayed in negative territory. Let’s take a closer look.