CarMax's Impressive Rally: What Investors Should Watch Next

CarMax Today KMX CarMax $77.29 -0.92 (-1.18%) 52-Week Range $59.66 ▼ $88.22 P/E Ratio 30.19 Price Target $78.92 Add to Watchlist Shares of CarMax Inc. NYSE: KMX jumped by over 15.3% in a single day following the company's latest quarterly earnings release. Investors in the know are already aware of what is happening to the car market, particularly the divergences between used cars and new cars. This divergence drives stocks like CarMax into a potential profit cycle today. Similar trends can be seen in parts ...