Top Auto Parts Stocks to Watch, According to Bank of America
Bank of America reinstated coverage on the auto parts retail sector, highlighting AutoZone (AZO) and O'Reilly Automotive (ORLY) as top picks. The firm cites strong sales growth, an aging vehicle fleet, and sustained inflation in motor vehicle parts as key drivers. Both companies are expected to benefit from their scale and investments in supply chain capabilities, with Buy ratings assigned to each.

