ORLY..I posted this pick's symbol instead of a code because it was trending quickly and already up over a 1 1/2 at the time, but the anticipation is obvious and you have to use DD if you decided to enter and hold through earnings. It is risky. Volume is low which could mean a higher volume tomorrow with a good report. They had an excellent sales report in late january:
O'Reilly Automotive, Inc. Announces Record 1998 Sales
SPRINGFIELD, Mo.--(BUSINESS WIRE)--Jan. 26, 1999--O'Reilly Automotive, Inc. (''O'Reilly'') (Nasdaq/AMEX:ORLY) today announced record product sales for the year ended December 31, 1998, of $616.3 million, as compared with $316.4 million for the year ended December 31, 1997, an increase of 94.8%.
Product sales for the fourth quarter of 1998 increased to $160.0 million from $78.0 million for the same period of 1997, an increase of 105.2%. Included in 1998 are eleven months of sales from Hi-Lo Automotive, Inc. (''Hi/LO''), which was acquired by O'Reilly effective January 31, 1998.
Comparable store product sales for the O'Reilly stores for the fourth quarter of 1998 and the year ended December 31, 1998, increased by 10.1% and 7.8%, |
