Jim Cramer on AutoZone: “I Am Not Backing Away”

AutoZone, Inc. (NYSE:AZO) is one of the stocks Jim Cramer shed light on recently. Answering a caller’s query about the stock during the episode, Cramer said: That has been, you know, a bugaboo. Look, I think this is an incredibly well-run company. It generates a gigantic amount of cash. I think that this is, I’m going to say it again, I think this whole downturn in AutoZone is going to prove out to be a terrific buying opportunity. I am not backing away. AZO, I like very much. Photo by Anna Nekrashevic ...