U.S. markets closed
  • S&P Futures

    4,299.50
    +1.75 (+0.04%)
     
  • Dow Futures

    33,336.00
    +10.00 (+0.03%)
     
  • Nasdaq Futures

    14,933.75
    +10.00 (+0.07%)
     
  • Russell 2000 Futures

    1,745.10
    +2.10 (+0.12%)
     
  • Crude Oil

    84.72
    +0.50 (+0.59%)
     
  • Gold

    1,842.00
    +7.20 (+0.39%)
     
  • Silver

    21.36
    +0.22 (+1.04%)
     
  • EUR/USD

    1.0530
    +0.0021 (+0.20%)
     
  • 10-Yr Bond

    4.7350
    -0.0670 (-1.40%)
     
  • Vix

    18.58
    -1.20 (-6.07%)
     
  • GBP/USD

    1.2162
    +0.0023 (+0.19%)
     
  • USD/JPY

    148.5060
    -0.5090 (-0.34%)
     
  • Bitcoin USD

    27,699.58
    +285.75 (+1.04%)
     
  • CMC Crypto 200

    589.25
    +5.10 (+0.87%)
     
  • FTSE 100

    7,412.45
    -57.71 (-0.77%)
     
  • Nikkei 225

    30,886.51
    +359.63 (+1.18%)
     

Why O'Reilly Automotive (ORLY) is a Top Growth Stock for the Long-Term

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.

Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.

Why This 1 Growth Stock Should Be On Your Watchlist

Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

O'Reilly Automotive (ORLY)

O'Reilly Automotive, Inc. is a leading specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. Founded in 1957, O'Reilly’s initially operated from a single store in Springfield, MO. The company’s stores offer several services and programs to customers, which include battery diagnostic testing, check engine light code extraction and loaner tool program, among others. The products offered by the company stores are vehicle accessories, such as floor mats and seat cover as well as maintenance items like antifreeze, engine additives, filters, fluids, lighting and wiper blades. Besides these, it provides new as well as remanufactured automotive hard parts like alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts and fuel pumps.

ORLY boasts a Growth Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 5.1% year-over-year for 2022, while Wall Street anticipates its top line to improve by 7%.

Three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.30 to $32.70 per share for 2022. ORLY boasts an average earnings surprise of 7.5%.

O'Reilly Automotive is also cash rich. The company has generated cash flow growth of 14.7%, and is expected to report cash flow expansion of 20.6% in 2022.

With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, ORLY should be on investors' short lists.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

O'Reilly Automotive, Inc. (ORLY) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research