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Automotive replacement parts and accessories retailer AutoZone (AZO) , one the single best performing stocks in the world since its IPO 33 years ago in 1991, has been range bound the past 9 months, substantially underperforming its sector (consumer discretionary) and underperforming the market. The opportunity here and now, by our work, is to buy AutoZone as a "catch up" trade, playing for a prospective breakout from the range in which it's been mired since March. We're buyers here for a breakout to new 52-week highs... We're buyers here for a breakout to new all-time highs... -Carter Braxton Worth For actionable recommendations via email and live nightly videos become a member at worthcharting.com DISCLOSURES: (none) All opinions expressed by the CNBC Pro contributors are solely their opi...

Lululemon's U.S. growth is continuing to slow, but the athletic apparel retailer is making big gains abroad, leading to a 9% increase in sales year over year.The yoga pants company on Thursday beat Wall Street's expectations on the top and bottom lines and said it's "pleased" with the start to the holiday season. Still, on a call with analysts, CEO Calvin McDonald took a cautious tone when discussing the company's fourth-quarter outlook."While we feel good about the start of the holiday season, we still have large volume weeks in front of us," said McDonald. "Given the shorter holiday shopping season, we continue to be thoughtful in our planning for quarter four overall."Here's how Lululemon performed in its fiscal third quarter compared with what Wall Street was anticipating, based on a s...

Signage is displayed on an oil storage tank at the BP-Husky Toledo Refinery in Oregon, Ohio, U.SLuke Sharrett | Bloomberg | Getty ImagesBP is seeking buyers for a stake in its U.S. natural gas pipeline network, four people with knowledge of the matter said.The British energy company could raise up to $3 billion from the sale, two of the people said, with one of them adding that BP may sell up to a 49% stake in the business.The sale process is part of BP CEO Murray Auchincloss's drive to reduce the company's debt levels, which have risen over the past year, another two people said.BP declined to comment. All four people were speaking on condition of anonymity as they were not authorized to speak publicly.With its share price languishing, BP is facing investor pressure to improve performance...

Check out the companies making headlines before the bell. Lululemon – Shares popped 9% after the athletic apparel retailer topped Wall Street's estimates for the fiscal third quarter and shared in-line holiday guidance. Samsara – The stock moved more than 9% lower after the software company reported lukewarm guidance for the fourth quarter. For the period, Samsara expects earnings of 7 to 8 cents per share and revenues to come in between $334 million and $336 million. Analysts surveyed by LSEG were expecting 6 cents per share on revenue of $336 million. The company did beat earnings and revenue estimates for the third quarter, however. DocuSign – Shares of the e-signature company added 1.3% after DocuSign said it sees fourth-quarter revenue between $758 million and $762 million. The consen...

Here are the biggest calls on Wall Street on Friday: Goldman Sachs upgrades Robinhood to buy from neutral Goldman says Robinhood has "best in class earnings growth." "We assume coverage of Robinhood Markets (HOOD), and upgrade it to Buy from Neutral, with a $46 price target.." Jefferies downgrades Deere to hold from buy Jefferies downgraded the stock mainly on valuation. "We downgrade the shares of Deere from BUY to HOLD primarily on valuation as the stock has run following the 4Q24 earnings results." BMO upgrades Republic Services to outperform from market perform BMO says the waste company is a top idea heading into 2025. " RSG continues to perform well, and we believe the company has the cleanest setup for 2025 among peers." UBS upgrades Kingsoft Cloud to buy from neutral UBS says growt...