AutoZone defies Amazon threat with strong sales and insider buying, trading at a discount in 2026.

AutoZone, a parts retailer, is gaining attention as a contrarian investment in 2026 by defying the expected Amazon threat. Despite Amazon's push into auto parts since 2017, AutoZone's sales continue to grow, driven by customers valuing in-store consultations and same-day parts delivery. The company reported strong Q3 FY2026 earnings with revenue up 8.4% and a robust commercial segment. Insider buying and a valuation discount compared to peers highlight confidence in AutoZone's durable business model amid the AI-driven market focus elsewhere.