For much of the last three years, artificial intelligence (AI) has been the primary catalyst lifting the tide on Wall Street. But it's not the only trend responsible for lifting the benchmark S&P 500 to new heights.
O'Reilly Automotive (ORLY 1.07%) operates brick-and-mortar locations that sell various products to DIY and professional customers. This includes things like brakes, batteries, and motor oil.
Though artificial intelligence has been the hottest trend on Wall Street, it's far from the only catalyst responsible for sending the benchmark S&P 500 (^GSPC -0.13%) to new heights. Investor excitement surrounding stock splits in high-profile businesses has played a close second fiddle.
O'Reilly Automotive (ORLY -0.30%) is a stock that's really motored ahead recently. In early September the auto parts supplier hit its all-time high, which is saying something given that its shares rolled onto the exchange way back in 1993.
We all want to find companies that can generate life-changing wealth. Imagine buying Apple , Microsoft , or Monster Beverage 20 years ago.
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