Buy Autozone stocks

AUTOZONE (AZO) Stocks

ABOUT AUTOZONE

📊 AutoZone, Inc., a retailer of aftermarket automotive parts and accessories, is based in Memphis, Tennessee, in the United States.

📊 The company is the leading retailer and distributor of automotive parts in the U.S. It operates over 6 000 stores in the US, Mexico, Brazil and Puerto Rico.
Its product range includes new and remanufactured hard parts, maintenance items and accessories for cars, utility vehicles, vans and light trucks.

📊 The company’s origin can be traced back to Malone & Hyde, Inc., a wholesale food company. The latter’s leadership identified the need for a chain of automotive parts stores to help people maintain their vehicles. This led to the birth of Auto Shack. In 1986, the company was spun off as a freestanding company. It was rebranded as AutoZone in 1987.

📊 AutoZone, Inc. continuously seeks new expanding opportunities and markets. It expanded its operations to Mexico in 1998, and opened its first store in Sorocaba, Brazil, in 2012. All the AutoZone stores are company-owned.

📊 The company’s headquarters in Memphis is a 270,000-square-foot, eight-storey building. Today, the company employs around 90 000 people at its various outlets.

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OVERVIEW OF AUTOZONE

  • AutoZone is the U.S.’s leading retailer and distributor of vehicle parts and accessories, and has more than 6 000 stores across the U.S, Mexico, Brazil and Puerto Rico.
  • Its private labels for its range of lead-acid batteries include Valucraft, Duralast, and Duralast Gold. These batteries are manufactured by Johnson Controls, East Penn, Exide and other manufactures. Its AGM line of batteries is also sold und the Duralast Platinum name.
  • AutoZone, Inc. also offers automotive diagnostic and repair software through ALLDATA, diagnostic and repair information via alldatdiy.com, and vehicle- and truck parts and accessories through AutoZone.com
  • The company prides itself in its rich history of 37 years as the nation’s foremost supplier of vehicle parts, as well as in its excellent reputation for customer service in the vehicle aftermarket industry.

VALUES OF AUTOZONE

  • Philanthropy forms the core of the AutoZone business culture. The company’s pledge states that it will always put its customers first and will ensure that it offers the best products at the right price. It employees are experts on parts and products and the company’s stores will always look great.
  • AutoZone’s operations take place in a culture of customer satisfaction – it is the company’s number-one priority, as happy customers stimulate growth.
  • The company always puts its customers first, cares about people, strives for exceptional performance, energises all those it comes in contact with, embraces diversity, and helps its employees and teams to succeed. People always take centre stage in AutoZone’s approach to business and service.

MARKET PERFORMANCE OF AUTOZONE

  • AutoZone, Inc. trades on the New York Stock Exchange (NYSE) under the ticker symbol “AZO”.
  • The company’s performance is solid, with US$11,2 billion in sales recorded in 2018, as well as record earnings of US$48.77 per share, up 10.7% over fiscal 2017. These figures boost investor confidence.
  • Shareholders, who buy and sell company shares, will get value for money in the form of lucrative dividends and returns on their investment.

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LATEST NEWS AUTOZONE

Buy AUTOZONE stocks / shares – 📈 A Step by Step Guide how to Buy / Purchase AUTOZONE Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy AUTOZONE Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN AUTOZONE STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE AUTOZONE STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of AUTOZONE stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy AUTOZONE stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

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