Could Investing $10,000 in O'Reilly Automotive Make You a Millionaire?
O'Reilly Automotive (NASDAQ: ORLY) operates a fairly boring business selling auto parts to consumers and commercial customers. And yet a $10,000 investment in the retailer at the turn of the century would now be worth over $1.2 million. Could putting $10k into the stock today make you a millionaire?At its core, O'Reilly Automotive is a retailer. The auto parts it sells place the company into the industrial sector, but the way a retailer grows is basically the same as it would be in any other sector. It can sell more from each of its stores or it can open more stores -- or both. That's really the basic math of growth in the retail niche.Image source: Getty Images.Continue reading
O'Reilly Automotive (NASDAQ: ORLY) operates a fairly boring business selling auto parts to consumers and commercial customers. And yet a $10,000 investment in the retailer at the turn of the century would now be worth over $1.2 million. Could putting $10k into the stock today make you a millionaire?
At its core, O'Reilly Automotive is a retailer. The auto parts it sells place the company into the industrial sector, but the way a retailer grows is basically the same as it would be in any other sector. It can sell more from each of its stores or it can open more stores -- or both. That's really the basic math of growth in the retail niche.
Image source: Getty Images.
