|Last Price$96.07||Day Change (%)-0.33%|
|Open Price$96.06||Day Change ($)-0.32|
|Day Range95.40–96.30||52-Week Range76.50–100.00|
As of Wed 5/4/2016 5:41:00 PM | USD
UPDATE: Broadening sector participation -2-
UPDATE: Broadening sector participation signals bull trend has room to run
Despite a recent sales-growth slowdown, we remain positive on narrow-moat AutoZone, Genuine Parts , Advance, and O'Reilly over the longer run.
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.
O'Reilly and Advance have expanded their store bases through acquisitions and organic growth, enhancing their cost advantages.