Tuesday, September 6, 2011

O'Reilly Automotive (ORLY) hits all time high...

The stock is up 0.87 to a new all-time high of 66.62

O'Reilly Automotive, which operates a chain of auto parts stores, also received an earnings related lift on July 27, with the company raising its guidance on 2011 adjusted earnings to a range of $3.53 to $3.63 per share compared to the previous guidance range of $3.49 to $3.59.

O'Reilly Automotive also recently added another $500 million to its stock repurchase program, increasing the total authorization to $1 billion. The stock finished August up by 9%.

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