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Jim Cramer Highlights AutoZone “Legendary” Buyback

AutoZone, Inc. (NYSE:AZO) is one of the stocks Jim Cramer highlighted recently. Cramer called its buyback “legendary” and said: “But let’s cut to one that I am predisposed to, AutoZone, AZO, the auto parts chain, which does very well in a slowdown because more people want to fix up their old cars, saves them money rather than have to go buy a new one. AutoZone’s got a legendary buyback. I checked out the share count over the last decade, and it’s astounding. 10 years ago, it had roughly 31 million shares. ...