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AutoZone: The Earnings Trade Was Again Highly Profitable

2016-03-09 10:17:20| Auto Parts - Topix.net

A month ago, when the market was in full-panic mode, I recommended purchasing AutoZone for its excellent growth prospects and its unmatched consistency in its business performance. I provided a target price of $750-$760 for a short-term profit of about 10% and the target was reached only a week after my recommendation, with the stock now trading at $770.

Tags: trade highly earnings profitable

Category:Automotive

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