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Auto parts stores rally after Credit Suisse says trends line up favorably

Nov. 21, 2016 2:51 PM ETAutoZone, Inc. (AZO) StockAZO, ORLY, AAP, GPCBy: Clark Schultz, SA News Editor
  • AutoZone (AZO +2.9%) is rallying after Credit Suisse calls it the "top way to play" the improved outlook for the auto parts sector.
  • CS thinks weather will reaccelerate growth over the next few months on top of some other macro headwinds for the sector.
  • Advance Auto Parts (AAP +2.9%), O'Reilly Automotive (ORLY +1.7%) and Genuine Parts (GPC +1.8%) are also higher on the day.
  • Source: Bloomberg

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