O’Reilly Automotive Stock Clears Key Benchmark, Hitting 80-Plus RS Rating

O’Reilly Automotive (ORLY) had its Relative Strength (RS) Rating upgraded from 80 to 83 Thursday. Auto parts retailer have been performing well, amid used car boom the last few years.


As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength.

IBD’s proprietary rating tracks share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock’s price behavior over the last 52 weeks compares to all the other stocks in our database.

Decades of market research reveals that the best-performing stocks tend to have an 80 or better RS Rating in the early stages of their moves.

See How IBD Helps You Make More Money In Stocks

Is O’Reilly Automotive Stock A Buy?

O’Reilly Automotive stock broke out earlier, but has fallen back below the prior 621.83 entry from a flat base. If a stock you’re tracking climbs above a buy point then declines 7% or more below the original entry price, it’s considered a failed base. It’s best to wait for the stock to form a new base and breakout. Also keep in mind that the latest consolidation is a later-stage base, and those involve more risk. Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips. Also, check out “Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks.”

Sees Robust Growth

The auto parts retailer posted 17% EPS growth in the latest quarterly report. Revenue increased 12%. The next quarterly numbers are expected on or around Oct. 28.

O’Reilly Automotive stock earns the No. 3 rank among its peers in the Retail/Wholesale-Auto industry group. LKQ (LKQ) and AutoZone (AZO) are also among the group’s highest-rated stocks.


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