It's Tuesday, December 7th. Welcome to Market Foolery. I'm Chris Hill with me today.

I don't want to only bill, man. Good to see you. I am back and stocks are back. Stocks. Stocks are back. Everything's good.

It passed four weeks. It's all forgotten because we've got two days in a row where everything's good again. Everything's good.

It's really unbelievable. You and I both, as part of our jobs, but also because we're extroverts, deal with, you know, interact with people all the time about the stock market.

And it's really incredible what 48 hours of gains will do to people's moods.

It's amazing. Today we have a big announcement in tech. We've got a small deal in SPACs and we'll get to all of that.

But we're going to start with one of the stocks that is heading higher and that is AutoZone because shares are hitting a new all-time high after first quarter profits in revenue came in higher than expected.

And same store sales were up 13.5%. And I'm curious what you think of the business in this moment in time.

I will just say, let's just put aside for a second the spring of 2020 and what happened to the stock then because that's an aberration.

There's with AutoZone. There's basically a two-year stretch from early 2017 to late 2018 where the company and therefore the stock went through a rough patch.

And other than that, this is the hindsight is 2020 amazing stock of this century.

I mean, this is one of those easy to miss because it's not sexy businesses that has just done nothing but reward shareholder.

So, so unsexy and not only that and we're going to talk about a related story in just a few minutes.

Auto parts has seemed to have been something that you would look at and you'd say from a trend basis, the rise in electric vehicles is going to make the auto parts business somewhat obsolete.

But it turns out, I mean, this company, I don't have the numbers in front of me, so I'll be exciting just to make one up.

The stock has gone up something like 633% per year for 20 years.

It has maybe a little high.

Yeah, I think that's a little high.

Maybe that's a little high, but it has generated Starbucks and Costco, just fantastic long-term returns, which as an analyst, you would never go in and say, oh yeah, you've got a company that's going to keep growing 20% for a year for 20 years.

You would be fired instantly by a bag, right?

Like if that's the thesis you're putting out there, but that's exactly what AutoZone has done.

And this quarter, and you're right, 13% same-store sales over 2020.

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