O'Reilly Automotive (ORLY 1.65%) isn't an exciting business by any stretch of the imagination. In fact, this might be one of the most boring companies on the planet.
O'Reilly Automotive (ORLY -0.01%), the parent company of O'Reilly Auto Parts stores, has been on a tear, with shares up more than 230% in the last five years. In June, the stock did a massive 15-for-1 split and has risen more than 10% since.
Five years ago, who would've guessed that O'Reilly Automotive (ORLY 0.04%) would be one of the market's big winners? But its share price is up roughly 240% since then on a split-adjusted basis, crushing the S&P 500 's five-year return of 106%.
Over the past three years, no innovation has captivated the attention of investors quite like the rise of artificial intelligence (AI). However, this is far from the only trend that's helped lift Wall Street's major stock indexes to new heights.
So far, August hasn't been a terrific month for the overall stock market. After rising for most of the year, the benchmark S&P 500 index fell about 1.6% on Friday, Aug. 1.
For more than three decades, investors have consistently had a next-big-thing technology or trend to captivate their attention and wallets. For instance, artificial intelligence (AI) has been a driving force for Wall Street's major stock indexes for almost three years.
With all the attention going to tech stocks these days, a company like O'Reilly Automotive (ORLY 0.53%) might fly under the radar. However, not learning more about this business could be a huge mistake.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.