Core Viewpoint - Analysts at Morgan Stanley have downgraded their rating on CarMax's stock, indicating a shift in sentiment just a month after expressing optimism for the used-car retailer [1] Company Summary - The downgrade comes after a brief period of positive outlook for CarMax, suggesting potential volatility in the stock's performance [1]

Core Viewpoint - An amended securities class action lawsuit has been filed against CarMax, Inc., expanding the class period to include those who purchased CarMax securities between June 20, 2025, and November 5, 2025 [1] Allegations of Misconduct - The complaint alleges that Defendants made false and/or misleading statements regarding CarMax's growth prospects, claiming that earlier growth was a temporary benefit due to customer speculation about tariffs [3] - It is asserted that the positive statements made by Defendants about the company's business and operations were materially misleading and lacked a reasonable basis [3] Lead Plaintiff Process - CarMax investors can seek to be appointed as a lead plaintiff representative of the class by January 2, 2026, or may choose to remain an absent class member [4] - The lead plaintiff is typically the investor or small group of investors with the largest financial interest and who are representative of the proposed class [4] Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [5]

Core Insights - Zacks Premium offers tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1][9] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] - Value Score identifies undervalued stocks using financial ratios [3] - Growth Score assesses a company's future earnings and financial health [4] - Momentum Score capitalizes on price trends and earnings outlook changes [5] - VGM Score combines all three styles for a comprehensive evaluation [6] Zacks Rank and Performance - The Zacks Rank is a proprietary model that uses earnings estimate revisions to aid in stock selection [7] - Stocks rated 1 (Strong Buy) have historically outperformed the S&P 500, with an average annual return of +23.93% since 1988 [8] - There are over 800 top-rated stocks available, making the selection process potentially overwhelming [9] Stock Analysis: Asbury Automotive Group (ABG) - Asbury Automotive Group is a major automotive retailer in the U.S., operating 152 new vehicle dealerships and 37 collision repair centers [12] - ABG holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of A and a Value Style Score of A, indicating strong valuation metrics [13] - The forward P/E ratio for ABG is 8.08, making it attractive for value investors [13] - Recent upward revisions in earnings estimates suggest positive momentum, with the Zacks Consensus Estimate increasing by $0.37 to $27.57 per share [13] - ABG's average earnings surprise stands at +8.4%, reinforcing its potential as a solid investment choice [13][14]

New York, New York--(Newsfile Corp. - November 11, 2025) - If you suffered a loss on your CarMax, Inc. (NYSE: KMX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:https://zlk.com/pslra-1/carmax-inc-lawsuit-submission-form?prid=176750&wire=5&utm_campaign=21or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced shareholder advocates.THE LAWSUIT: A clas ...

Core Viewpoint - A class action securities lawsuit has been filed against CarMax, Inc. for alleged securities fraud affecting investors between June 20, 2025, and September 24, 2025 [1][2]. Group 1: Lawsuit Details - The complaint alleges that defendants made false statements and concealed information regarding CarMax's growth prospects, claiming that the growth was overstated and primarily driven by temporary factors related to customer behavior influenced by tariff speculation [2]. - The lawsuit seeks to recover losses for investors who were adversely affected by these misleading statements during the specified time frame [1][2]. Group 2: Next Steps for Investors - Investors who suffered losses in CarMax, Inc. during the relevant period have until January 2, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, indicating no financial obligation to participate in the lawsuit [3]. Group 3: Law Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the United States [4].

Core Insights - DriveItAway Holdings, Inc. has appointed James "JT" Taylor to its Board of Advisors to enhance its dealer expansion and capital strategy as the company aims for rapid sales growth [1][5] Company Overview - DriveItAway is a leader in digital mobility and flexible vehicle lease-to-own platforms, providing a national dealer-focused mobility platform that enables franchise dealers to sell more vehicles through eCommerce [7] - The company offers a comprehensive program that includes proprietary mobile technology, driver app, insurance coverages, training, and dealer enablement to facilitate quick and profitable launches in online sales [7] Leadership and Expertise - JT Taylor brings over 40 years of experience in automotive retail, OEM strategy, and investment banking, having previously served as Managing Director at Truist Securities and led investment banking practices at The Presidio Group [2][3][4] - Taylor's background includes leadership roles in product planning for Toyota Motor Sales North America and significant experience in dealership operations [4] Strategic Initiatives - The appointment of Taylor is expected to accelerate sales scaling, strengthen capital markets posture, and support the company's goal of a Nasdaq uplisting [5] - DriveItAway is focusing on expanding market share, dealer partnerships, and capitalization through national expansion efforts [5][8] - The company has formed a national partnership with Free2move, integrating its lease-to-own technology with OEM-aligned vehicle supply to support rapid scaling through franchise dealers [8]

Core Insights - DriveItAway Holdings, Inc. has appointed James "JT" Taylor to its Board of Advisors, bringing extensive experience in automotive retail, OEM strategy, and investment banking [1][2]. Company Overview - DriveItAway is a leader in digital mobility and flexible vehicle lease-to-own platforms, focusing on enabling franchise dealers to increase vehicle sales through an app-based subscription model [6]. - The company offers a comprehensive program that includes proprietary mobile technology, insurance coverages, training, and dealer enablement to facilitate quick and profitable entry into online sales [6]. Leadership and Strategic Vision - JT Taylor has a robust background, having served as Managing Director at Truist Securities, where he led the Automotive Retail practice and advised clients on M&A and capital raises [3]. - Taylor's experience includes leadership roles at Toyota Motor Sales North America and significant contributions to the Lexus launch team, enhancing his understanding of both dealership operations and OEM strategies [4]. - The CEO of DriveItAway, John F. Possumato, emphasized that Taylor's expertise will help accelerate sales scaling, strengthen capital markets posture, and support the company's goal of a Nasdaq uplisting [5]. Market Position and Growth Strategy - DriveItAway aims to address mobility gaps through its technology-enabled lease-to-own program, which not only increases access to personal transportation but also creates new profit opportunities for franchise dealers [5]. - Taylor expressed enthusiasm for contributing to the company's national expansion, focusing on growing market share, dealer partnerships, and capitalization [5].

Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. and certain senior executives for securities fraud following a significant drop in stock price due to potential violations of federal securities laws [1][2]. Group 1: Lawsuit Details - Investors have until January 2, 2026, to request to lead the case, which is pending in the U.S. District Court for the District of Maryland [2]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of CarMax investors [2]. Group 2: Reasons for the Lawsuit - CarMax had previously promoted strong demand for its used cars, attributed to a seamless customer experience, but it is alleged that this demand was artificially inflated by the announcement of U.S. tariffs [3]. - The company reported disappointing financial results for Q2 FY 2026, including a 5.4% decline in retail used unit sales and a net income drop from $132.8 million to $95.4 million year-over-year [5]. Group 3: Stock Performance - Following the announcement of poor financial results on September 25, 2025, CarMax's stock price fell by $11.45, or approximately 20%, from $57.05 to $45.60 per share [6]. - The unexpected departure of CEO Bill Nash on November 6, 2025, along with a weak preliminary Q3 2025 outlook, led to an additional stock drop of over 24% [6].

Core Viewpoint - Recently, Gengma Hengling Automobile Sales Service Co., Ltd. was established, indicating a potential growth in the automotive sales and service sector, particularly in new energy vehicles [1] Company Summary - The company is registered with a capital of 1 million RMB, which reflects a modest initial investment in the automotive industry [1] - The legal representative of the company is Zhou Kang, suggesting a centralized management structure [1] Industry Summary - The business scope includes wholesale and retail of automotive parts, sales of new energy vehicles, and various automotive services such as towing and maintenance, indicating a comprehensive approach to the automotive market [1] - The inclusion of new energy vehicle sales and related services highlights the industry's shift towards sustainable transportation solutions [1]

Core Insights - Lithia & Driveway has announced the acquisition of Porsche Beverly Hills and Audi Santa Monica, which are expected to generate approximately $450 million in annualized revenue and have the potential to be among the highest volume dealerships globally by brand [1][2]. Group 1: Acquisition Details - The acquisition of Porsche Beverly Hills and Audi Santa Monica is part of Lithia's strategy to enhance its luxury vehicle offerings and expand its dealership ecosystem [2]. - This acquisition brings Lithia's total expected annualized revenue from acquisitions in 2025 to $2.1 billion, showcasing the company's aggressive growth strategy [2]. Group 2: Financial Performance - Lithia & Driveway reported record third-quarter revenue of $9.7 billion, marking a significant achievement in the company's financial performance [6]. - The company achieved an 11% increase in diluted earnings per share and a 17% increase in adjusted diluted earnings per share, indicating strong profitability [6]. Group 3: Recognition and Market Position - Lithia & Driveway has been ranked 165 on TIME's list of America's Growth Leaders of 2026, highlighting its exceptional growth, financial stability, and market performance [2]. - This recognition positions Lithia among the most dynamic and successful companies in the U.S., contributing to innovation and economic progress [2].