Bank of America upgrades O'Reilly Automotive to buy, says stock is cheap and defensive

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Jesse Pound@/in/jesse-pound@jesserpound
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Customers watch as an employee investigates their vehicle outside an O'Reilly Automotive auto parts store in Louisville, Kentucky.
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Specialty retailer O'Reilly Automotive could be a smart place for investors to hide out during the market sell-off, according to Bank of America.