
O’Reilly Automotive (NASDAQ: ORLY) is a must-own stock of calibre akin to Cintas (NASDAQ: CTAS), Casey’s General Stores (NASDAQ: CASY), and its close competitor, Autozone (NYSE: AZO).
Like the others, O’Reilly self-funds growth, maintains a fortress balance sheet, produces reliable cash flow, and returns capital to investors. Also like the others, the stock price trends higher over time, rarely offering a deep or long-lasting discount, making it a good stock to buy almost anytime.