Want to save money when saving money is more important then buying a new car during tough time ? Auto parts company O’Reilly Automotive Inc (ORLY) could be your choice to fix your car and extend its lifetime. It engages in the distribution and retailing of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S
Delphi Technologies (DLPH) is up +14% in same auto parts industry that shows trend has been change. Used cars would run longer when money is tight. There are many competitors in this area: AAP, AZO, LKQ, etc.
Technically, O’Reilly made a deep correction with market breakdown in February and March. But, technical damages have been repaired and it is ready to run its course on uphills.