Should You Invest in O’Reilly Automotive (ORLY)?

Shirley Beal

TimesSquare Money Management, an equity investment decision administration company, launched its “U.S. Mid Cap Growth Strategy” fourth-quarter investor letter. A copy of the same can be downloaded here. In the fourth quarter, the method returned 4.18% (net), in comparison to 6.90% for the Russell Midcap Progress Index. For the calendar year, the tactic returned -22.13% (net) when compared to the benchmark’s return of -26.72%. Weak spot in Client Staples, Vitality, Health and fitness Care, Information and facts Technology, and Genuine Estate holdings led to the underperformance of the portfolio in the quarter. In addition, remember to look at the fund’s top five holdings to know its very best picks in 2022.

TimesSquare U.S. Mid Cap Growth Approach highlighted shares like O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the Q4 2022 investor letter. Headquartered in Springfield, Missouri, O’Reilly Automotive, Inc. (NASDAQ:ORLY) is an automotive sections, instruments, and provides retailer. On March 31, 2023, O’Reilly Automotive, Inc. (NASDAQ:ORLY) stock shut at $848.98 per share. 1-month return of O’Reilly Automotive, Inc. (NASDAQ:ORLY) was 1.14%, and its shares acquired 23.60% of their worth in excess of the previous 52 weeks. O’Reilly Automotive, Inc. (NASDAQ:ORLY) has a industry capitalization of $52.495 billion.

TimesSquare U.S. Mid Cap Progress Strategy designed the next comment about O’Reilly Automotive, Inc. (NASDAQ:ORLY) in its Q4 2022 trader letter:

“A different improve came from O’Reilly Automotive, Inc. (NASDAQ:ORLY), a specialty retailer of soon after-market place automotive sections and components, which scored a 20% achieve. Revenues and earnings surpassed provide-aspect estimates on larger exact retail store comparisons. Their do-it-for-me specialist mechanic company generated double-digit advancement while do-it-oneself improved product sales by a modest sum.”

car spare parts, auto parts

motor vehicle spare pieces, vehicle areas

Copyright: wihtgod / 123RF Stock Photo

O’Reilly Automotive, Inc. (NASDAQ:ORLY) is not on our list of 30 Most Well-liked Shares Amid Hedge Resources. As for each our databases, 47 hedge fund portfolios held O’Reilly Automotive, Inc. (NASDAQ:ORLY) at the conclusion of the fourth quarter which was 48 in the former quarter.

We discussed O’Reilly Automotive, Inc. (NASDAQ:ORLY) in another article and shared the list of most important retail companies in the globe. In addition, please test out our hedge fund trader letters Q4 2022 page for additional trader letters from hedge cash and other foremost traders.


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Disclosure: None. This posting is initially released at Insider Monkey.

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