Only 10% (or about 50) of the S & P 500's holdings advanced on Tuesday's market-wide sell-off, which is an extremely low amount.
Being up on a very big down session isn't the only thing that the stocks have in common.
In fact, they are two of just 10 S & P 500 holdings currently trading over the $1L mark.
Primed to outperform the market again All that said, AZO and ORLY have not outperformed the S & P 500 over the last two years.
But their recent relative lines vs. the SPX now resemble the patterns from 2019-21, right before strong relative moves commenced.
Persons:
AZO, they've, Frank Cappelleri
Organizations:
O'Reilly Automotive, ORLY, & $
Locations:
ORLY, AZO's, …, AZO