|Last Price$90.58||Day Change (%)1.03%|
|Open Price$89.63||Day Change ($)0.92|
|Day Range89.52–90.89||52-Week Range78.76–109.00|
As of Wed 11/25/2015 5:01:00 PM | USD
Monro's acquisition strategy is creating a virtuous cost-advantage cycle, but shares don’t come cheap at the moment, writes Morningstar’s Todd Wenning.
Despite a recent sales-growth slowdown, we remain positive on narrow-moat AutoZone, Genuine Parts , Advance, and O'Reilly over the longer run.
O'Reilly and Advance have expanded their store bases through acquisitions and organic growth, enhancing their cost advantages.