CARMAX (KMX)

Add a New Bears Reason Company: CARMAX (KMX) Current price: Headline: (100 character max) Analysis: Cancel 75% agree 20 votes   Credit crisis Top Contributor: J.D. Thornton | Created when NYSE:KMX was $10.33 | Edit | History As a player in the Used car market, where banks have become much less willing to lend to marginal borrowers, Carmax's customers have more difficulty getting financing which in turn leads to less cars sold and less profit for the company. (100 character max) Cancel 0% agree 1 votes   Removed because of Proprietary Information Top Contributor: Pcushing | Created when NYSE:KMX was $11.69 | Edit | History . (100 character max) Cancel 0% agree 1 votes   Goldman Sachs maintains "Sell" rating despite strong Q1 earnings Top Contributor: Rashad Badr | Created when NYSE:KMX was $0.00 | Edit | History Goldman Sachs maintained its "Sell" rating on shares of CarMax, stating that recent strong earnings posted in the first quarter of 2011 beat expectations but that margins in the used vehicle market will not remain so favorable, and that in due time, earnings will drop. Goldman went on to state that earnings will be either even or decline over the course of the year. (100 character max) Cancel

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