Friday, June 14, 2013

Analyst Downgrades: Wells Fargo & Co, Transocean LTD, and CarMax, Inc

All knowing group: Have any of you had any experience purchasing a used car from CarMax? If so was it good or bad or so-so?

On Jun 7, we maintained our Neutral recommendation on CarMax Inc. (KMX – Analyst Report) based on its aggressive store expansion strategy and focus on the used-vehicle market that can offset the impact of lower margins from used vehicle sales owing to 

CarMax benefits from its focus in the used-vehicle market, which will help outgrow its peers.

Used car dealership chain CarMax says its foundation is partnering with a national non-profit group to build 30 playgrounds across the country.

CarMax benefits from its focus in the used-vehicle market, which will help outgrow its peers.

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Analyst Downgrades: Wells Fargo & Co, Transocean LTD, and CarMax, Inc

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