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In 08 I was looking for long term defensive stocks even before the crash. I looked up Auto Zone because I figured inflation and economy only being proped up artificially by Greenspan and Real Estate pricing people out.
That people would stop buying news cars.
Now they want people to buy new cars but with again inflated cost of living how’s that?
Even Musk doesn’t think about that or the attack of wild life or sea life or fishing with Ocean Wind Farms or attack on farming half will either freeze to death in winter and the other half plus winter survivors will starve to death.
I looked AutoZone in 08 but with the crash my grandkids needed me to help a couple of them through the crash and kinda forgot about this one.
It was going for about 100 dollars back then.
Well maybe with the current drop and can’t see a lot of people buying new cars again they will have to maintain the ones they have I’ll see where it’s at.
Holy Moly, Watch out for the quiet ones. From a hundred a share to the thousands.