Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- AutoZone (NYSE: AZO) is trading at unusually high volume Thursday with 1.1 million shares changing hands. It is currently at 2.4 times its average daily volume and trading up $10.85 (+2.9%) at $379.85 as of 4 p.m. ET.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
AutoZone has a market cap of $13.4 billion and is part of the services sector and retail industry. Shares are up 4% year to date as of the close of trading on Wednesday. AutoZone, Inc. engages in retailing and distributing automotive replacement parts and accessories. The company has a P/E ratio of 15.2, below the S&P 500 P/E ratio of 17.7. 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, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full AutoZone Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.