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The U.S. stock market remains highly selective: select the wrong stock, and there's a 30-40% haircut up ahead; select the correct stock, and you're positioned for the recovery with modest downside exposure. And with the above in mind, AutoZone (NYSE: AZO) is worth a review.AutoZone represents a good example of a defensive/growth hybrid -- a rare combination. The defensive aspect is its auto parts business for do-it-yourself auto repair enthusiasts, known as the aftermarket: the recession means more American motorists will perform selected, preventative maintenance themselves. The growth aspect involves AZO's likely addition of 200 new stores to its 4,100-store base.
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