CarMax stock has taken off from the starting line, but the race for gains isn’t over yet, Jacob Sonenshine writes in this week’s edition of Barron’s. The used-car retailer’s earnings report could be the catalyst shares need to pull even further ahead, the author adds. Auto sales are starting to recover, and CarMax will have the chance to show the recovery is real when it reports earnings on April 11.
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Read More on KMX:
- CarMax price target raised to $100 from $90 at Wedbush
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- Needham upgrades ‘industry leader’ CarMax into market recovery
