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REDDIT

What companies could be the next autozone?

K
Jun 12, 2026 · 05:59

Autozone achieved a 100x by having a moat in car parts that is relatively unchanging, and buying back tons of shares, with over 90% retired. What company now, could do that, that has a ton of generated FCF and a steady stable underlying business with some sort of moat? I see a lot of companies doing buybacks but a lot of the time the share count doesn't drop much, as it just covers high SBC costs