O Reilly Automotive Stock News

It's not a surprise that investors want to own companies whose stocks soar. However, an issue can arise when a business has done so well over a long period of time that its share price becomes nominally high.

With FAANG a little dated, the Magnificent Seven struggling, and markets deeply uncertain, these high-multiple retail powerhouses get their own acronym.

ESB Professional / Shutterstock.com Plus, according to Morningstar.com, “Splits matter – because these stocks outperform after the announcement, by a lot.

There's a new acronym in town. It seems like there's always a trendy grouping of highflying tech stocks: Before the Magnificent Seven, there was FAANG. But one analyst says the retail COWs might provide investors with more bite.

For more than two years, artificial intelligence (AI) has been the buzziest trend on Wall Street. The seemingly limitless ceiling associated with AI-driven software and systems has encouraged investors to pile into AI-fueled tech stocks.

If you showed me a picture of O'Reilly Automotive 's (ORLY 0.71%) stock performance since its initial public offering (IPO) in 1993, I would assume I was looking at a disruptive tech stock instead of an auto parts retailer. With shares up roughly 57,000% since launch, the company has delivered life-changing long-term returns to its early shareholders.

O'Reilly Automotive (ORLY 0.14%) is a fast-growing auto parts retailer. The stock is fast-growing as well, and its price is up over 41% over the past 12 months, trouncing the 13% or so gain of the S&P 500 over that span.

For the better part of the last three decades, investors have had a next-big-thing technology or innovation to captivate their attention, and their money. Over the last two-plus years, the evolution of artificial intelligence (AI) has been Wall Street's hottest trend.