O'Reilly Automotive revs higher, joins the S&P 500 - Elizabeth Harrow

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O'Reilly Automotive revs higher, joins the S&P 500
Mar 20, 2009 04:30 PM UTC

Elizabeth Harrow

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Symbol	Sentiment	Start	Return	Closed
NE		03/20/09	+65.77%	--
SPX		03/20/09	+36.64%	--

Via BloggingStocks:

Filed under: Good news, Options, S and P 500, Stocks to Buy, NASDAQ

Auto parts company O'Reilly Automotive, Inc. (NASDAQ: ORLY- option chain) is one of the newest additions to the S&P 500 Index (SPX). Standard & Poor's announced late Thursday that ORLY will join the venerable index after the close of trading on March 26, where it will replace Noble Corp. (NYSE: NE).

The news caps off a pretty good week for ORLY; on Wednesday, Robert W. Baird initiated coverage of the stock with an "outperform" rating, and the equity tagged a new 52-week high of $36.17 in Thursday's session.

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O'Reilly Automotive revs higher, joins the S&P 500 originally appeared on BloggingStocks on Fri, 20 Mar 2009 11:30:00 EST. Please see our terms for use of feeds.

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