Top 5 Steady Stocks to Buy for March

These stable stocks offer the most reliable returns this month

      View All  
Top 5 Steady Stocks to Buy for March

AutoZone

azo Top 5 Steady Stocks to Buy for MarchAutoZone (NYSE:AZO) is another Top 5 veteran because it continues to capitalize on the growing trend of getting more mileage out of used cars. As a leading retailer of automotive replacement parts and accessories, the company has more than 4,832 stores across the U.S., Puerto Rico and Mexico. As a sign of the company’s continued commitment to returning value to shareholders, AutoZone is in the thick of a $659 million share-repurchase program.

The company’s second-quarter earnings announcement on Feb. 28 was positive. Analysts expected 7% sales growth and 20% earnings growth, which outpaced the 15.3% estimate for the rest of the auto-parts-stores industry. AZO ended up reporting second-quarter EPS of $4.15, up from $3.34 in the previous year.


Article printed from InvestorPlace Media, http://investorplace.com/2012/03/top-steady-stocks-to-buy-for-march-alxn-azo-dg-dltr-mcd/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.