The Incredible Return on Investing in O’Reilly Automotive

If you had invested $1000 in O’Reilly Automotive ten years ago, you’d be feeling pretty good about it today. Your investment would be worth $7,613.40, a gain of 661.34%. That’s a nice return, excluding dividends but including price increases. In comparison, the S&P 500 gained 140.56% and the price of gold went up 44.55% over the same period. Analysts are optimistic about O’Reilly’s future, expecting more upside. The company has been generating record revenues for 30 consecutive years, and for 2023, they project total revenues in the $15.7-$15.8 billion range. O’Reilly is expanding its store openings and distribution centers, and their recent acquisition of Mayasa Auto Parts is boosting growth prospects. They also have a robust buyback program that’s boosting investor confidence. However, rising costs and high debt levels are concerns. Overall, it’s a cautious stance on the stock. But hey, if you had invested in O’Reilly Automotive ten years ago, you’d be sitting pretty!