CarMax is a leading retailer of used cars in the United States, specializing in providing a streamlined purchasing experience for customers. The company operates a network of physical stores where customers can browse a wide selection of high-quality, pre-owned vehicles, often incorporating innovative technology to enhance the shopping experience. In addition to traditional in-store sales, CarMax offers online car buying options, allowing customers to research, finance, and purchase vehicles from the comfort of their homes. Their focus on transparency and customer service is evident in their no-haggle pricing policy, ensuring that buyers receive competitive prices without the pressure often associated with car buying. Read More
Wall Street has set ambitious price targets for the stocks in this article.
While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.
While profitability is essential, it doesn’t guarantee long-term success.
Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, "Your margin is my opportunity".
A number of stocks fell in the afternoon session after the Trump administration announced intentions to impose a 35% tariff on many goods imported from Canada.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Friday. Below you can find the top S&P500 gainers and losers in today's session.
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets.
Curious about the market action on Monday? Dive into the US markets to explore the gap up and gap down stocks in the S&P500 index during today's session.
Shares of used automotive vehicle retailer Carmax (NYSE:KMX)
jumped 5.8% in the afternoon session after the company reported impressive fiscal first-quarter 2026 results, which beat analysts' same-store sales and gross margin expectations. This led to nice EPS outperformance versus Wall Street's estimates. Growth was driven by a ramp in volumes of retail used and wholesale vehicles sold. Overall, this was a solid quarter, showing management is executing as expected.
