AutoZone (AZO) Gets Positive Listing On Investors Observer Momentum Plays List - Zibb.com

Nov 18, 2009 (Fresh Brewed Media via COMTEX) --

AutoZone (NYSE: AZO) closed yesterday at $142.62. So far the stock has hit a 52-week low of $84.66 and 52-week high of $169.99. AutoZone stock has been showing support around 140.65 and resistance in the 144.17 range. Technical indicators for the stock are Bearish and S&P gives AZO a positive 4 STAR (out of 5) buy rating. AZO appears on the Investors Observer Momentum Plays list. For a hedged play on this stock, look at a Jan '10 145 covered call (AZO AI) for a net debit in the $137.52 area. That is also the break even stock price for this trade. This covered call has a 59 day duration, provides 3.58% downside protection and a 5.44% assigned return rate for a 33.65% annualized return rate (comparison purposes only). A lower cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the AZO Jan '11 90 Call (VYL AR) and selling the Jan '10 145 call (AZO AI) for a $49.95 debit. The trade has a 59 day life and would provide 1.87% downside protection and a 10.11% assigned return rate for a 63.00% annualized return rate (for comparison purposes only). AutoZone does not pay dividends at this time.

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Tags: arkansas   dividends   nyse   research   S&P   trade  

Companies: AutoZone, Inc. (AZO)

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AutoZone (AZO) Bearish Technical Alert - Trend Down 7.4% - Zibb.com

Nov 10, 2009 (SmarTrend(R) Spotlight via COMTEX) --

AutoZone (NYSE:AZO) is trading 0.2% lower (down $0.28 to $142.96) today on volume of 235,607 shares. The stock has traded within a 52-week range of $84.66 and $169.99.

AutoZone is currently below its 50-day moving average of $144.38 and below its 200-day moving average of $151.21.

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Companies: AutoZone, Inc. (AZO)

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AutoZone (AZO) NewsBite - AZO Upgraded By UBS - Zibb.com

Nov 03, 2009 (Fresh Brewed Media via COMTEX) --

AutoZone (AZO) was upgraded today by analysts at UBS and the stock is now at $138.36, up $2.14 (1.57%) on volume of 363,091 shares traded. UBS upgraded the stock today to Buy from Neutral. Over the last 52 weeks the stock has ranged from a low of $84.66 in November to a high of $169.99 in April. AutoZone stock has been showing support around $134.05 and resistance in the $138.39 range. Technical indicators for the stock are bullish and S&P gives AZO a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on AZO the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 115 range.

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Tags: S&P  

Companies: AutoZone, Inc. (AZO)

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AutoZone Down 10.4% Since SmarTrend's Sell Recommendation - Zibb.com

Oct 23, 2009 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend, our proprietary pattern recognition system, called a Downtrend for AutoZone (NYSE:AZO) on May 22, 2009 at $154.30.

Since then, AutoZone has returned 10.4% as of today's recent price of $138.28. Want to profit from these alerts?

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Companies: AutoZone, Inc. (AZO)

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