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Here's My Favorite Auto Stock for 2022

TheMotleyFool

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Looking at the headline of this article, readers might think I'm going to offer up a discussion on popular auto stocks like Ford, Rivian, or Tesla. But they'd be mistaken. There's another auto stock that has my attention, and it's one that has been a winning investment for quite some time.

That stock is O'Reilly Automotive (NASDAQ: ORLY), one of the leading aftermarket parts retailers in the country. The stock price is up about 48% just in 2021, and the company now sports a market capitalization of $45.2 billion.

Regardless of the 2021 runup, I think O'Reilly still has a long runway of solid performance ahead of it. Here's why it's my favorite auto stock heading into the new year.

Source Fool.com

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