CarMax, Inc. (NYSE:KMX)
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Less painful than your standard trip to the used car lot, CarMax offers tens of thousands of used cars at its 100 or so superstores.
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Less painful than your standard trip to the used car lot, CarMax offers tens of thousands of used cars at its 100 or so superstores.
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Morningstar says that CarMax has one of the best business models around and should be able to grow internally and by adding new stores for many years. A more pragmatic assessment is that people won't be buying "new" cars in the near term and that will boost the sales of used cars in both volume and profit margin.