Why AutoZone Stock Soared 77% in 2021
Shares of automotive aftermarket parts retailer AutoZone (NYSE: AZO) skyrocketed 77% in 2021, according to data provided by S&P Global Market Intelligence. AutoZone benefited from strong industry momentum that carried over from calendar 2020. Demonstrating its all-weather appeal, AutoZone had a remarkable year in fiscal 2021 (ended Aug. 28, 2021).