This Perennial Winner Is Down 20% From Its All-Time High. History Says It Can Double in the Next 5 Years.

Key Points Having a working car is a non-negotiable for most people, which supports the durable demand that O’Reilly Automotive benefits from. The company's primary capital allocation strategy is to aggressively repurchase shares with its free cash flow. It's trading at a reasonable forward price-to-earnings ratio of 23. 10 stocks we like better than O'Reilly Automotive › The broad S&P 500 index has performed well in 2026. But that doesn't mean all companies have benefited from the overall market's rise. Take a look at O'Reilly Automotive (NASDAQ: ORLY) , a leading aftermarket automotive parts retailer. Its shares have climbed 106% in the past five years (as of Sept. 24). However, they currently trade 20% below the peak established in September 2025.