AutoZone And Apple To Perform Strongly (AZO, AAPL)

Tom Anderson, an associate editor with Kiplinger’s Personal Finance, is enthusiastic about stocks, and he shared his top picks with CNBC. He first expressed his preference for AutoZone AZO, stating that the company caters to DIYers and car enthusiasts. He also added, “There’s also an economic uncertainty angle to the stock in the sense that people are delaying purchasing cars longer and therefore need more auto parts—so I like their growth prospects.” He also likes Apple Inc. AAPL, saying, “Apple is expected to beat analysts’ expectations with sales of its iPad and iPhones.” But he cautioned that the company faces risk from anti-trust investigations.
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Posted In: Analyst ColorAnalyst RatingsAutomotive RetailCNBCComputer HardwareConsumer DiscretionaryInformation TechnologyKiplinger'sTom Anderson
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