Discover the hidden potential of these automotive giants in the stock market
Discover the hidden potential of these automotive giants in the stock market

Don't be scared by high stock prices

Hey there Swifties! Today we're diving into the world of stocks and believe it or not it's not that different from my love life. We're talking about two automotive companies Autozone (AZO) and O'Reilly Automotive (ORLY) that are priced over $1,000 a share. Yeah that's more expensive than my concert tickets but don't let the high price scare you away.

Why we like AZO and ORLY

Now before we get into the charts let's discuss why Autozone and O'Reilly Automotive caught my attention. First both stocks have consistently traded above their upward sloping moving averages. Basically that means they're trending up just like my love life when I dropped another hit single. Second their weekly momentum is stronger than me in a cat fight with Kanye. Over the past few years the 14 week RSI has been dancing between the overbought threshold and the mid point. Not many stocks can keep up that kind of consistent energy. Third these stocks have multi decade uptrends just like my career. Sure they've had a few rough patches here and there but in the grand scheme of things they've kept moving up. And that's the kind of dedication I can appreciate.

Primed to outperform the market again

Now I know AZO and ORLY haven't been at the top of their game in the past couple of years but remember my reputation wasn't always rainbows and butterflies either. But just like I bounced back with a killer album these stocks could be ready for a breakout on a relative basis. History tends to repeat itself and we all know I'm a queen of comebacks.


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