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Monro Muffler Brake: In the Auto Repair Sweetspot

Monro Muffler/Brake (MNRO) logoThere are plays that work out, and then there are standout plays. In December 2010, Monro Muffler Brake (MNRO), announced a 3-for-2 stock split, which brought the trade's entry point down to $17.33 ($26.01 pre-split).

Meanwhile, auto repair chain Monro remains on a roll: the shares pulled back following the split, but have since recovered some of the ground, to about $33, and now may be a good time to consider taking some profits off the table.

Continue reading Monro Muffler Brake: In the Auto Repair Sweetspot

AutoZone is well-positioned for the car maintenance era

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.

Continue reading AutoZone is well-positioned for the car maintenance era

At Monro, they won't give you a brake, but they'll sell you one

It goes without saying that the U.S. stock market remains loaded with risk: due diligence and discretion remain the operative words.

Still, that's not to say that opportunities do not exist for investors who can tolerate moderate risk. One sector that should fair reasonably well in just about any economic climate: automotive undercar repair and tire service. And with that in mind, Monro Muffler Brake (NASDAQ: MNRO) is worth a review.

Continue reading At Monro, they won't give you a brake, but they'll sell you one

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Last updated: May 28, 2012: 07:09 AM

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