CarMax Reaches New 52-Week High (KMX)

NEW YORK ( TheStreet) -- CarMax (NYSE: KMX) hit a new 52-week high Thursday as it is currently trading at $48.94, above its previous 52-week high of $48.88 with 70,343 shares traded as of 9:40 a.m. ET. Average volume has been 1.7 million shares over the past 30 days.

CarMax has a market cap of $10.93 billion and is part of the services sector and specialty retail industry. Shares are up 29.3% year to date as of the close of trading on Wednesday.

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. It operates in two segments, CarMax Sales Operations and CarMax Auto Finance.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates CarMax as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full CarMax Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..
null

If you liked this article you might like

It's Decision Time for the Fed in the Week Ahead

Fight Off Complacency: Cramer's 'Mad Money' Recap (Fri 9/15/17)

Shrug Off The Apple-FANG Bite: Cramer's 'Mad Money' Recap (Thur 9/14/17)

CarMax, Avis Still Assessing Hurricane Harvey's Catastrophe