![]() ![]() With new car manufacturing slowed by the pandemic and a global chip shortage, used car sales are through the roof, which benefits auto parts stocks. Its customer-centric business model and growing demand for technologically advanced auto parts should drive long-term growth. In fact, it has notched record sales for 28 consecutive years. ORLY has been generating strong revenue growth for a long time. Its stores also offer services and programs to customers, such as battery diagnostic testing and check engine light code extraction. It sells branded and its own-label products, with the latter category comprising nearly half of its sales. The company serves both professional and DIY customers. O'Reilly Automotive ( ORLY, $601.30) is one of the largest sellers of aftermarket automotive parts, tools and accessories in the country.
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