With share prices above $1,000, these three stocks all look primed for a split.Stock splits attract a lot of attention among investors.While they don't change the fundamentals of a stock, they do act as a signal from management that it expects the stock to keep moving higher. That's because stock splits represent milestones in a stock's growth, and they make the price of an individual share cheaper, making it more affordable for retail investors.There's also some evidence that stocks outperform after a stoc ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about AutoZone (AZO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.AutoZone currently has an average brokerage recommendation (ABR) ...

In the latest trading session, AutoZone (AZO) closed at $3,172.18, marking a -1.27% move from the previous day. This move lagged the S&P 500's daily gain of 0.97%. Meanwhile, the Dow gained 0.58%, and the Nasdaq, a tech-heavy index, added 1.39%.Shares of the auto parts retailer have appreciated by 8.9% over the course of the past month, outperforming the Retail-Wholesale sector's loss of 2.12% and the S&P 500's loss of 1.85%.The upcoming earnings release of AutoZone will be of great interest to investors. I ...

Are we on the cusp of a recession? Several key indicators are flashing red, and if history is any guide, trouble could be brewing for the U.S. economy in 2025. You’ve probably heard about the inverted yield curve, which has been a reliable recession predictor in the past. When long-term interest rates fall below short-term rates, it’s often a sign that investors are pessimistic about the near-term economic outlook. And they often begin looking for stocks with potential to for weather the forecast recession. ...

In the latest trading session, AutoZone (AZO) closed at $3,119.59, marking a +0.23% move from the previous day. The stock lagged the S&P 500's daily gain of 1.04%. Meanwhile, the Dow gained 0.76%, and the Nasdaq, a tech-heavy index, added 1.03%.The auto parts retailer's shares have seen an increase of 9.73% over the last month, surpassing the Retail-Wholesale sector's loss of 8.36% and the S&P 500's loss of 6.74%.The investment community will be closely monitoring the performance of AutoZone in its forthcom ...

M. Suhail Back in January, I published an article on AutoZone (NYSE:AZO) explaining my rationale for betting big on the stock. Today, AutoZone is one of my largest positions. In this article, I want to revisit the stock, discuss the way I see its investment case, and assess its valuation based on today's share price. Let's start by disclosing that since my initial article, I have regularly added to my position, especially during the dip in late May to early June, when the stock fell below $2,800s. AutoZone' ...

MEMPHIS, Tenn., July 29, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO), today announced that Kenneth Jaycox joins the Company as Senior Vice President, Commercial, Customer Satisfaction. Kenneth comes to AutoZone from United States Steel Corporation where he served as Senior Vice President and Chief Commercial Officer, responsible for U.S. Steel's commercial functions, customer value creation, pricing and revenue growth. Prior to joining U.S. Steel, he served as Vice President of Transformation for Sys ...

MEMPHIS, Tenn., July 29, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO), today announced that Kenneth Jaycox joins the Company as Senior Vice President, Commercial, Customer Satisfaction. Kenneth comes to AutoZone from United States Steel Corporation where he served as Senior Vice President and Chief Commercial Officer, responsible for U.S. Steel’s commercial functions, customer value creation, pricing and revenue growth. Prior to joining U.S. Steel, he served as Vice President of Transformation for Sy ...

AutoZone (AZO) closed the most recent trading day at $2,941.73, moving +0.69% from the previous trading session. The stock exceeded the S&P 500, which registered a loss of 2.32% for the day. Elsewhere, the Dow lost 1.25%, while the tech-heavy Nasdaq lost 3.64%.Heading into today, shares of the auto parts retailer had lost 0.51% over the past month, outpacing the Retail-Wholesale sector's loss of 0.68% and lagging the S&P 500's gain of 1.79% in that time.Investors will be eagerly watching for the performance ...

AutoZone (AZO) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this auto parts retailer have returned -2.7%, compared to the Zacks S&P 500 composite's +1.1% change. During this period, the Zacks Automotive - Retail and Wholesale - Parts industry, which AutoZone falls in, has lost 0.4%. The key question now is: What could be the stock's future dire ...