The Traderszone Network

Published in TZ Latest News 13 February, 2015 by The TZ Newswire Staff

CarMax Trying To Motor Through New Buy Zone

Driven by strong 2014 auto sales, CarMax (KMX) posted accelerating earnings and revenue growth in fiscal Q3 and is now trying to motor through a new flat base buy point. Fellow car dealer stocks Asbury Automotive Group (ABG) and AutoNation (AN) topped earnings estimates earlier this month, so see if CarMax can do the same when it reports fourth-quarter numbers on April 2.

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