Stockchase Opinions

Jim Cramer - Mad Money CarMax KMX-N DON'T BUY Jun 18, 2021

They report Friday. Used cars are booming, because carmakers like GM are stuck with the semiconductor shortage. He doubts Carmax will say that used cars are more plentiful, though. This stock could be tough.

$113.160

Stock price when the opinion was issued

Automotive
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BUY

They can beat earnings when they report tomorrow. The industry has been hurt because the price of used cars was getting so high, but has been coming down the last two quarters. The industry will start to accelerate in volumes.

BUY

The chart has been choppy and rough, but the last quarter finally showed sales picking up. They've invested a lot on their online platform to the best in the industry. The worst is behind it.