On Friday night's Mad Money program, Jim Cramer said in his game plan for this week that he was also a fan of AutoZone (AZO) . The company is due to report its latest quarterly numbers this coming Friday.
We looked at the charts of this auto supply company back on May 29, when we wrote that "Shares of AZO are pointed up and traders should operate from the long side risking a close below $1,050 for now. The $1,380 area is our price objective." Prices have edged down towards our stop loss point so a fresh look at AZO seems like a good idea.