Josh Brown Highlights His Top Cheap Stock Pick With 'Best Long-Term Charts'

We recently published Top 10 Stocks to Watch After Federal Reserve’s Rate Cut. O’Reilly Automotive Inc (NASDAQ:ORLY) is one of the stocks analysts were recently talking about.

Josh Brown, CEO of Ritholtz Wealth Management, said in a recent program on CNBC that auto parts company O’Reilly Automotive Inc (NASDAQ:ORLY) is one of the best cheap stocks in the market.

“This is one of the best longtime long-term charts I think I’ve ever seen. It’s basically very basic. It’s auto parts, so it’s not AI. But it’s substantially cheaper than it ought to be given how well they’ve executed. And what’s happening here is it’s a cannibal company. It’s eating itself. They have bought back about 26 billion dollars worth of stock since 2011. They continue to shrink the float while growing earnings and you could see the success for yourself."

Parnassus Mid Cap Growth Fund stated the following regarding O’Reilly Automotive, Inc. (NASDAQ:ORLY) in its Q1 2025 investor letter:

O’Reilly Automotive, Inc. (NASDAQ:ORLY), an aftermarket auto parts retailer, helped performance as the company posted steady results and benefited from its exposure to nondiscretionary consumer spending. Its scale, execution, and countercyclical demand profile continue to support our conviction.

While we acknowledge the potential of ORLY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.