AutoZone, Inc. (AZO): A Bull Case Theory

We came across a bullish thesis on AutoZone, Inc. (AZO) on Substack by Francesco Ferrari. In this article, we will summarize the bulls’ thesis on AZO. AutoZone, Inc. (AZO)'s share was trading at $3603.47 as of April 17^th. AZO’s trailing and forward P/E were 24.20 and 23.36 respectively according to Yahoo Finance.

[caption id="attachment_1197121" align="aligncenter" width="768"] A technician in a mechanic's uniform replacing an A/C compressor, signifying the company's automotive replacement parts business.[/caption]

AutoZone (AZO) stands out as a market-beating, low-volatility...