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AutoZone, Inc. Message Board

  • ibdtrader ibdtrader Jun 18, 2001 10:10 AM Flag

    6/18/01 day watch

    AUTOZONE INC (AZO)
    Last 37.82
    Change 0.36
    % Change 0.96
    Volume 166,400� �
    Mon Jun 18 2001 10:04:33

    AZO continues to show strong relative strength (RS) by being up against the averages of a down market this morning. Very good volume is assuring for long positions & may be indicating we have asupport level here and could build on this base.

    Regards,

    IBDtrader

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    • Something must have gone REALLY good today. Did anyone bother noticing how much of a jump stock made again today? Looks as if someone is starting to care very much about what is happening with AZ and it is showing!!! Maybe it will even do the split that has been long awaited. That is my opinion anyone else have one?

      • 1 Reply to lynsuky
      • We had a nice performance today on GREAT volume!! As far as a split, I personally don't think we should be thinking of one until at least a $70 price level in the stock.

        What I would like to see though is AZO take some of it's cash from it's real estate transactions and buy back some of the outstanding shares.

        As for the rest of the week, we need to keep up this steady volume and sustained price level in order to keep the growth going.

 
AZO
509.18+3.800(+0.75%)1:21 PMEDT

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