orly posts
FeedPosted Sep 16th 2009 5:40PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy

In the current market frugal consumer plays carry the day. And that's why I'm reiterating my Buy rating for
O'Reilly Automotive (NASDAQ:
ORLY), first recommended on May 18, 2009 at a price of $37.02.
Nothing creative about the O'Reilly's value story: it's the third largest automotive aftermarket parts supplier (alternators, starters, fuel pumps, brake shoes, pads, filters etc.), with 3,285 stores in 38 states.
Continue reading Consider O'Reilly Automotive, due to the used car repair trend
Posted Jul 26th 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Forecasts, AFLAC Inc (AFL), MasterCard Inc'A' (MA)
The earnings crunch rolls on this coming week, with quarterly reports expected from Coach Inc. (NYSE: COH), Exxon Mobil (NYSE: XOM), Kellogg (NYSE: K), MasterCard (NYSE: MA), Motorola (NYSE: MOT), Sprint Nextel (NYSE: S), Travelers (NYSE: TRV), Time Warner (NYSE: TWX), U.S. Steel (NYSE: X), Viacom (NYSE: VIA), Walt Disney (NYSE: DIS), and many others.
Below are some reporting companies for which analysts surveyed by Thomson Reuters have high hopes. What does that mean? Well, all of them are expected to report double-digit earnings grown in the most recent quarter. They have tended to offer positive surprises in recent quarters. They have long-term EPS growth forecasts of greater than 10%, and they have earnings multiples that are higher than their industry or sector averages, or higher than at least one top competitor. And they all have First Call consensus recommendations to buy.
Continue reading The week in preview: Some expected earnings winners
Posted May 18th 2009 6:00PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy

It goes without saying that this market remains a stock picker's market. 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. For a chance at the latter, consider
O'Reilly Automotive (NYSE:
ORLY).
Nothing fancy schmancy about the O'Reilly value story: it's the third largest automotive aftermarket parts supplier (alternators, starters, fuel pumps, brake shoes, brake pads, filters, etc.), with 3,285 stores in 38 states.
Continue reading O'Reilly Automotive knows auto repair budgets are the last to be cut
Posted May 1st 2009 11:00AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, McDonald's (MCD), Research in Motion (RIMM), Analyst initiations, Urban Outfitters (URBN)
Analyst upgrades:
- Citigroup upgraded Patriot Coal (NYSE: PCX) to Hold from Sell on easing credit and liquidity concerns following the company's guidance. The firm raised its target on the stock to $7.50 from $4.
- UBS upgraded Research In Motion (NASDAQ: RIMM) to Buy from Neutral and raised their target to $90 from $65 as they expect pent-up replacement demand in enterprise to drive 2010 estimates higher and for the consumer smartphone opportunity to grow in 2009 and 2010.
- Goldman upgraded Suncor (NYSE: SU) to Conviction Buy from Sell and raised their target to $33 from $25 citing their bullish view on crude oil for 2H09 and 2010 and in the company's ability to lower operating and capital costs in the oil sands region.
- Canadian National (CNI) was raised to Overweight from Neutral at JP Morgan.
- Applied Micro Circuits (NASDAQ: AMCC) was lifted at Oppenheimer to Overweight from Neutral.
- QLogic (NASDAQ: QLGC) was upgraded to Outperform from Neutral at Baird.
Continue reading Analyst upgrades, downgrades and initiations: RIMM, MCD, ORLY, CELG, URBN ...
Posted Mar 5th 2009 9:15AM by Steven Halpern (RSS feed)
Filed under: Newsletters, AutoZone Inc (AZO), Stocks to Buy, Recession
Leo Fasciocco is a technician focused on "breakout" stocks; in his Ticker Tape Digest, two recent such breakout ideas were both from the out-of-favor auto parts sector: O'Reilly Automotive (NASDAQ: ORLY) and Autozone (NYSE: AZO).
Noting the recent strength in these auto parts stocks -- both have recently rose to new 52-week highs despite the market's sharp declines -- the advisor explains, "Auto parts stocks may see strong product demand as more people keep their car and not buy a new one."
"O'Reilly Automotive is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S, with annual revenues of $3.1 billion.
Continue reading Auto parts buck downtrend: Autozone (AZO) & O'Reilly (ORLY)
Posted Feb 28th 2009 4:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Home Depot (HD), Target Corp. (TGT), Campbell Soup (CPB), Safeway Inc (SWY), Sears Holdings (SHLD), Kohl's Corp (KSS), Nordstrom, Inc (JWN), Garmin Ltd (GRMN), Marvel Entertainment (MVL)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Campbell, Sears, Home Depot, Nordstrom, Marvel and more
Posted Feb 24th 2009 11:30AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Daimler (DAI), Carnival Corp (CCL), NIKE, Inc'B' (NKE), Analyst initiations
Analyst upgrades:
- Barclays upgraded Spectra Energy (NYSE: SE) to Overweight from Equal Weight. The firm believes Spectra's valuation is attractive and that the dividend is secure.
- Soleil upgraded Sunoco (NYSE: SUN) to Buy from Hold on valuation following the recent pullback and maintains a $45 target on the stock.
- Friedman Billings upgraded O'Reilly Automotive (NASDAQ: ORLY) to Outperform from Underperform on valuation and the company's better than expected sales and earnings acceleration. The firm has a $38 target on the stock.
- Royal Caribbean (NYSE: RCL) was removed from Goldman's Conviction Sell List.
- Intercontinental Hotels (NYSE: IHG) was raised to Buy from Hold at Jefferies.
- Valspar (NYSE: VAL) was lifted to Neutral from Underweight at JP Morgan.
Continue reading Analyst upgrades, downgrades and initiations: SUN, DAI, BDX, ITRN ...
Posted Sep 23rd 2008 11:00AM by Eric Buscemi (RSS feed)
Filed under: Analyst upgrades and downgrades, General Electric (GE), Novartis AG ADS (NVS), Regions Financial (RF), Newell Rubbermaid (NWL), Analyst initiations, Anadarko Petroleum (APC)
Analyst upgrades:
- Credit Suisse upgraded shares of Novartis (NYSE: NVS) to Neutral from Underperform as they believe the stock's defensive characteristics justify a premium valuation.
- Merrill raised Dreamworks (NYSE: DWA) to Buy from Neutral and has increased confidence in DWA's sustainable success following the performance of Kung Fu Panda and new revenue streams.
- Anadarko Petroleum (NYSE: APC) was raised to Buy from Hold at Stanford on valuation.
- Goldman upgraded Smurfit-Stone (NASDAQ: SSCC) and Canadian National (NYSE: CNI) to Buy from Neutral and added International Paper (NYSE: IP) to the Conviction Buy List.
- Northern Trust (NASDAQ: NTRS) was upgraded to Buy from Neutral at Merrill.
Analyst downgrades:
- Jefferies downgraded shares of Savvis (NASDAQ: SVVS) to Hold from Buy and lowered the target to $17 from $20 to reflect decreasing visibility from economic headwinds and expectations for increased capex.
- Citigroup downgraded Regions Financial (NYSE: RF) to Sell from Hold as they believe fundamentals are not in-line with the current valuation following the recent rally.
- Merrill lowered their General Electric (NYSE: GE) estimates below consensus and downgraded shares to Neutral from Buy citing increased fundamental pressures on the company's GE Capital unit. GE's target was cut to $28 from $37.50.
Continue reading Analyst calls: NVS, DWA, APC, RF, GE, MTB, BYD, NWL ...
Posted Aug 22nd 2008 11:08AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Analyst initiations
Analyst upgrades:
- JMP Securities upgraded Salesforce.com (NYSE: CRM) to Outperform from Market Perform based on valuation.
- Goldman Sachs upgraded Chico's (NYSE: CHS) to Neutral from Sell based on valuation.
- Blue Coat (NASDAQ: BCSI) was raised to Hold from Sell by Brean Murray.
Analyst downgrades:
- UBS dropped Burger King (NYSE: BKC) to Neutral from Buy due to the company's slowing sales trends and commodity pressure.
- Las Vegas Sands (NYSE: LVS) was downgraded to Sell from Neutral by Banc of America based on valuation.
- Pacific Sunwear (NASDAQ: PSUN) was downgraded to Neutral from Outperform by Baird, which cited the company's Q2 results and reduced guidance.
Analyst initiations:
- UBS initiated O'Reilly (NASDAQ: ORLY) with a Buy because they are positive on its recent CSK Auto acquisition and its valuation.
- Baird started Amedisys (NASDAQ: AMED) with an Outperform because they view the recent pullback in the shares as a compelling entry point.
Posted Aug 20th 2008 11:51AM by Eric Buscemi (RSS feed)
Filed under: Analyst upgrades and downgrades, Kohl's Corp (KSS), Yamana Gold (AUY), Amgen Inc (AMGN), Lilly (Eli) (LLY), Analyst initiations, salesforce.com inc (CRM)
Analyst upgrades:
- JP Morgan upgraded O'Reilly (NASDAQ: ORLY) to Overweight from Neutral, citing increased demand and CSK acquisition synergies.
- Yamana Gold (NYSE: AUY) was raised to Outperform from Sector Perform by RBC Capital, based on valuation and the firm's expectation that gold will rally.
- HSBC upgraded KLA-Tencor (NASDAQ: KLAC) to Overweight from Neutral with a $44 target.
Analyst downgrades:
- Bernstein dropped DISH Network (NASDAQ: DISH) to Underperform from Market Perform, citing continued weak operations, declining cash flow, and satellite sector headwinds, among other reasons.
- Macy's (NYSE: M) was downgraded to Neutral from Buy by Goldman Sachs based on valuation.
- Kohl's (NYSE: KSS) was also dropped to Neutral from Buy by Goldman based on valuation.
- UBS downgraded Dr Pepper Snapple (NYSE: DPS) to Neutral from Buy based on valuation.
Analyst initiations:
- Salesforce.com (NYSE: CRM) was started with a Buy rating by Kaufman Bros., which believes the core on-demand CRM application market is nowhere close to full penetration.
- Caris initiated Eli Lilly (NYSE: LLY) with a Below Average rating, citing the company's Zyprexa and Cymbalta patent expirations.
- Leerink Swann assumed coverage of Amgen (NASDAQ: AMGN) with an Outperform, as the firm predicts that the company's denosumab will allow the company to substantially increase its earnings starting in 2010.
Posted Jun 11th 2008 4:44PM by Eliza Popescu (RSS feed)
Filed under: Diageo plc (DEO), Best Buy (BBY)

Father's Day is a special occasion for many of us, a day to show our daddies how much we love them. We give dad some extra attention that day and usually also a present that could make him happy.
Kiplinger.com has an interesting idea -- one that I really like -- for a Father's Day present you may want to consider: Find a
good stock that could bring him a lot of money.
Let's look at some of the companies Kiplinger's
Anne Kates Smith believes would be good options this year:
- O'Reilly Automotive (NASDAQ: ORLY) is an auto parts retailer that is facing weak demand as a result of soaring crude oil prices. However, analysts believe the company's strategy to buy CSK Auto will bring a lot of national success. ORLY is expected to show earnings of $1.76 per share this year and $2.02 next year.
- Stanley Works (NYSE: SWK), headquartered in New Britain, Conn., has the advantage of being one of only two companies offering a complete line of hand tools for consumers. The company focuses its performance on both its industrial tool division and a security business. Analysts forecast a profit of $4.18 this year, and $4.63 a share for next year.
Continue reading Kiplinger suggests five stocks for Father's Day
Posted Apr 23rd 2008 11:52AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Corning Inc (GLW)
MOST NOTEWORTHY: O'Reilly Automotive, Corning and Lincoln National were today's noteworthy downgrades:
- William Blair downgraded O'Reilly Automotive (NASDAQ: ORLY) to Market Perform from Outperform following weak Q1 results, citing the potential for further downward EPS revisions.
- Thomas Weisel downgraded Corning Inc. (NYSE: GLW) to Market Weight from Overweight citing balanced risk/reward given the backdrop of a maturing LCD penetration and generational upgrade cycle, and the challenging environment.
- Wachovia downgraded Lincoln National Corp. (NYSE: LNC) to Market Perform from Outperform as they believe the weak Q1 market weakness will impact profitability.
OTHER DOWNGRADES:
- Smith International (NYSE: SII) was cut to Perform from Outperform at Oppenheimer.
- Delphi Financial (NYSE: DFG) was downgraded at Friedman Billings to Market Perform from Outperform.
- CIBC downgraded Biovail (NYSE: BVF) to Sector Performer from Sector Outperformer.
Posted Apr 1st 2008 3:00PM by Brent Archer (RSS feed)
Filed under: Major movement, Deals, Good news, Options, Technical Analysis
O'Reilly Automotive Inc. (NASDAQ:
ORLY) shares are trading higher today the company said it will acquire
CSK Auto Corp. (NYSE:
CAO) for
$500 million in a cash and stock deal. The combined company will be the third-largest U.S. auto parts retailer. If you think that the company won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on ORLY.
After hitting a one-year high of $38.84 last April, the stock hit a one-year low of $24.08 in January. ORLY opened this morning at $29.45. So far today the stock has hit a low of $29.18 and a high of $30.50. As of 12:20, ORLY is trading at $29.94, up $1.42 (5.0%). The chart for ORLY looks bullish and steady, while S&P gives the stock a neutral 3 Stars (out of 5) Hold rating.
For a bullish hedged play on this stock, I would consider an August bull-put credit spread below the $25 range. A bull-put credit spread is an options position that combines the purchase and sale of put options to hedge risk in case the stock doesn't do what you think but still leverage nice returns. For this particular trade, we will make an 8.7% return in just 5 months as long as ORLY is above $25 at August expiration. O'Reilly would have to fall by more than 16% before we would start to lose money. Learn more about this type of trade here.
Continue reading O'Reilly Automotive (ORLY) acquires CSK Auto (CAO)
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