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VisualMod t1_iufq9ft wrote

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VisualMod t1_iufqa0v wrote

>AZO is a great company, and I think their stock will continue to rise. They are a leader in the auto parts industry, and have been growing steadily for many years. I believe they will continue to be successful in the future.

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Flabq t1_iufqk4y wrote

I can't imagine that this kind of growth is sustainable

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bigdickbetss t1_iufqlgh wrote

Well you know what this means... puts on AZO

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miataowner OP t1_iufrkcc wrote

More exposition:

When the ganeral public either cant afford a new car, cant even get ahold of a new car, or is looking down the barrel of economic doom (rising interest, rising rates, possibility of job losses) then they keep their existing cars longer. It worth noting the median age of the American car is in excess of 12 years now and continues to stretch further.

As such, AZO does their very best sales when the economy is either unstable or in a downturn. Every time the US goes into recession, their sales peak.

And by all accounts, we are expecting a pretty hard economic downturn in the next calendar year.

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miataowner OP t1_iufrzmf wrote

Replying to Flabq (#362,019)

On a long enough timescale, humanity isnt sustainable. Name another Fortune company with a >10% CAGR beyond two decades.

Sure, nothing is forever. Given the reason why AutoZone exists (people who cant afford to let a dealer fix their aging car) ita almost entirely aimed straight at economically disadvantaged car owners. Theres a lot of those folks in the US.

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Tbone6532 t1_iuft4se wrote

Auto zone is a good play, most working type can’t afford a 60-100k new car so they are fixing their old POS until cars a more affordable again.

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Jvic111 t1_iufupjn wrote

I’ve been watching AZO for over a year. So pissed I didn’t buy calls a month or two ago…

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miataowner OP t1_iufvewx wrote

Replying to bigdickbetss (#362,029)

Ha! They always seem to slide on the day of an earnings release, nearly every time. Very last earnings call was a beat in growth, beat in EPS, beat in revenue, and yet the stock ate shit for like three days to the tune of like 5-6% IIRC.

If you wanna play puts, do it on earnings announcements.

1

Wise_Distribution_24 t1_iufw7uc wrote

Replying to VisualMod (#361,937)

264 million cash with 8.58 billion current liabilities. -3.8 billion net tangible assets. This one is a diamond handz keeper foar shure.

I just found out where the -3.8 billion net tangible assets went: share buybacks. Share buybacks on debt is another 1001% diamondz handz keeper criteria.

I don't care how big the name, how big the market cap, no company has ever gone bankrupt not having any debt.

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Count-demonae t1_iug0wzx wrote

Gotta keep that pos running cause you can't afford a new one...

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Ra93qu1t t1_iugm9nb wrote

this is actually a good candidate for a stock split.

2

turbohondaej1 t1_iuguin5 wrote

Replying to azidesandamides (#370,638)

Most shops buy from them retail business is only part of it. Shops get delivery on same day and can fix most cars same day with parts availability. The only reasons for bad would be supply chain related but even dealers still have stuff on national backorder for years so idk.

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Seastorm14 t1_iugw8i7 wrote

Replying to miataowner (#362,404)

Not just people who can’t afford to let a dealer fix their car, those that fucking hate dealerships and refuse to go to them as little as possible. As someone that used to work there years ago believe me people would rather tear their own shit apart because dealers would always just do what they’re known for. Finesse extra charges, or slightly fuck something else up so they come again later when they notice it.

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Popular-Pollution-29 t1_iuh2mil wrote

Replying to Illustrious-Lock9458 (#367,334)

If they sell the ev bolt for 28k I find it hard for them to sell an ev suv for 23k. Most people don't even know the difference between a crossover and a suv.

The electric car rebate isn't a refundable tax credit, and a good portion of people won't get anything for the rebate.

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diamondhandedman t1_iuh4gfc wrote

I refuse to take any advice from someone who drives a miata. This was my first car so I know you can't b smarter than me. I realized that car was ridiculous at 18. Also autozone is in every state across the country. There's no more growth. This stock looks like Chipotle.

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Popular-Pollution-29 t1_iuhaqep wrote

Replying to Illustrious-Lock9458 (#376,279)

I seen some of his videos.

I bought a new chevy Cruze in 2016 for $14,500 out the door. Now that car is worth around $8,000 and a little over a hundred thousand miles on it. Was it better for me to buy that car new or used? Don't get me talking about my 2014 truck I bought new, I could sell it for more than what I bought it for.

A lot of the time it's better to buy a new vehicle at the right price.

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FastEddyToronto t1_iuhf60s wrote

What's coming or upon us is NOT a Recession My Brother. People don't Understand Who We are up against and the Only way to make THEM irrelevant is by obtaining SILVER believe it or Nor

1

viperex t1_iuhnj25 wrote

Why are y'all posting max charts?

1