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Karen Firestone, CEO, Aureus Asset Management CarMax KMX-N BUY Jun 16, 2023

Up 40% since March, but -50% from its peak. The used car market is starting to improve. Starting to see an uptrend with this stock.

Karen Firestone, CEO, Aureus Asset Management

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$79.630

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Automotive

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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.

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Karen Firestone, CEO, Aureus Asset Management CarMax KMX-N BUY Jun 16, 2023

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