KMX

While used-car dealership CarMax (KMX) is down double digits on a year-to-date basis, economic realities may eventually provide an upside catalyst for the embattled company. Against a longer-term framework, I am bullish on KMX stock. On paper, most economic metrics seem to have moved against CarMax and its ilk. Primarily, the soaring inflation rate has substantially reduced the purchasing power of the dollar, in turn eroding real household earnings. Since January 2020, purchasing power declined by nearly 12%. For context, between January 2013 through December 2019, this metric declined by 10.4%. Second, data from the U.S.
https://www.tipranks.com/news/article/carmax-kmx-stock-bullish-narrative-few-people-enjoy?utm_source=advfn.com&utm_medium=referral