BUZZ-O'Reilly Automotive, AutoZone hit record highs after Trump's planned auto tariffs

Reuters
03-28
BUZZ-O'Reilly Automotive, AutoZone hit record highs after Trump's planned auto tariffs 

Updates stock activiity, adds analyst commentary

** Shares of auto parts retailers O'Reilly Automotive ORLY.O and AutoZone AZO.N climb to record highs and are among top S&P 500 .SPX performers on Thurs after Trump's latest tariffs salvo

** ORLY stock up 3%, and AZO shares jump nearly 4%; peer Advance Auto Parts AAP.N rallies >7% to about 1-mth high

** U.S. President Donald Trump on Weds said he would impose 25% tariffs on all imported vehicles and foreign-made auto parts imported into the country, sending shares of automakers such as General Motors GM.N and Ford F.N tumbling

** In research note, JP Morgan said it expects the parts and services business to gain from higher prices and increased traffic as consumers keep their cars longer

** Last week, DA Davidson upgraded AZO, saying co is inflation/tariff beneficiary since higher prices have historically been passed through to customers in margin neutral way, with little loss of volume

** With moves on the session, ORLY and AZO up 20% and 19%, respectively, YTD vs 3% decline in the SPX

** Despite the gain on Thurs, AAP down 14% in 2025

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10