AutoZone Looks Recession-Resilient Amid Rising Car Prices -- Market Talk

Dow Jones
May 22

1317 ET - AutoZone continues to appear recession-resilient after Bank of America says the car-parts company's sales increased in March. Analysts Robert Ohmes and Vicky Liu say credit- and debit-card spending data suggests automotive aftermarket spending is staying strong, increasing in both parts and services during the past two months. Ohmes and Liu believe the auto aftermarket industry could benefit from tariffs inflating car prices. The analysts expect tariffs to result in lower new-car sales and higher used-car prices, potentially driving consumers to repair their existing vehicles and try to hold onto them for longer. The analysts upgrade AutoZone to buy from neutral. AutoZone is slightly lower today, but up 21% year-to-date. (katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

May 21, 2025 13:17 ET (17:17 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

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