CarMax, Inc.KMX was a big mover last session, as the company saw its shares rise almost 13% on Friday. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company-as the stock is now up 19.2% in the past one-month time frame.
The move came after the company reported solid first-quarter fiscal 2019 results.
The company has not seen any estimate revisions in the past one month, while its Zacks Consensus Estimate for the current quarter has moved lower over the same time period. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
CarMax currently has a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
CarMax, Inc. Price
Investors interested in the Retail-Wholesale sector may consider a better-ranked stock like Big 5 Sporting Goods Corporation BGFV , which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
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Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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