AutoZone, Inc. (NYSE:AZO) has been a hot topic in the financial field. Its vice president, Richard Craig Smith, has sold 2,850 shares, sparking interest among investors. Known television personality Jim Cramer has stated his preference for AutoZone in the current economy, naming it as a potential consistent performer. AutoZone's growth outlook, high margins and 'economic moat' have contributed to recent upgrades from D.A. Davidson, who indicates a strong buy. Investment moves by Teacher Retirement System of Texas and Glenview Trust co into AutoZone shares continues the discussion of the company's financial appeal. There is speculation surrounding the possibility of a stocks split, with AutoZone being earmarked as a likely candidate. AutoZone shares have, however, taken a hit in certain sectors with the Boston Partners and Evoke Wealth LLC both offloading some of their positions. The company's Q3 earnings and 2% reported sales increase have generated further discussion, despite a slight dip in earnings. With an increasing number of investment firms adjusting their positions in AutoZone, it remains a popular choice among Wall Street professionals.
Autozone AZO News Analytics from Tue, 03 Sep 2024 07:00:00 GMT to Sat, 22 Mar 2025 22:44:09 GMT -
Rating 7
- Innovation 4
- Information 6
- Rumor 3
