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1 Stock I'm Never Selling

1 Stock I'm Never Selling

O'Reilly Automotive (NASDAQ: ORLY) is one such business that has historically been a great addition to a long-term portfolio, as its stock price has risen more than 600% over the past decade. As an automotive aftermarket retailer that serves both do-it-yourself (DIY) and professional service provider (PSP) customers primarily in the United States, O'Reilly benefits from three key factors: the number of miles driven, the size of the nationwide vehicle fleet, and the average age of vehicles on the road. O'Reilly's revenue increased at a compound annual growth rate (CAGR) of 7.1% from 2014 through 2019, while net income during the same time grew at a 12.3% annual clip.