NEW YORK (

TheStreet

) --

AutoZone

(NYSE:

AZO

) hit a new 52-week high Tuesday as it is currently trading at $293.98, above its previous 52-week high of $288.50 with 159,155 shares traded as of 9:36 a.m. ET. Average volume has been 356,500 shares over the past 30 days.

AutoZone has a market cap of $11.7 billion and is part of the

services

sector and

retail

industry. Shares are up 1.5% year to date as of the close of trading on Monday.

TheStreet Recommends

AutoZone, Inc. operates as a specialty retailer and distributor of automotive replacement parts and accessories. The company has a P/E ratio of 16.5, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates AutoZone as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

AutoZone Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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