There is a clear bias in used car stocks that has CarMax set up to outperform Carvana in 2023 and beyond that includes institutions and short-sellers.

Ford: Christmas Panic Is A Gift For Buyers

03:34pm, Monday, 26'th Dec 2022 Seeking Alpha
F has been struck in the broad selloff in discretionary stocks as investors brace for a recession. Read why F's valuation has likely baked in significant pessimism.

Why Carvana Stock Was Stuck at a red Light Today

11:47pm, Friday, 23'rd Dec 2022 The Motley Fool
A rival's perceived underperformance put the brakes on its shares the last trading day of the week.
CarMax, Inc. (NYSE: KMX) reported worse-than-expected Q3 results. CarMax reported a third-quarter FY23 sales decline of 23.8% year-on-year to $6.5 billion Thursday, missing the analyst consensus esti
B of A Securities has decided to maintain its Underperform rating of CarMax (NYSE:KMX) and lower its price target from $100.00 to $49.00. Shares of CarMax are trading up 2.97% over the last 24 hours,
Evercore ISI Group has decided to maintain its In-Line rating of CarMax (NYSE:KMX) and lower its price target from $63.00 to $60.00. Shares of CarMax are trading up 2.97% over the last 24 hours, at $5
Oppenheimer cut CarMax, Inc. (NYSE: KMX) price target from $100 to $75. . Oppenheimer analyst Brian Nagel maintained an Outperform rating on the stock. CarMax shares fell 1.3% to $56.47 in pre-mark

Company News for Dec 23, 2022

02:13pm, Friday, 23'rd Dec 2022 Zacks Investment Research
Companies In The News Are: MU, KMX, TSLA, AMC.

CarMax (KMX) Q3 Earnings Miss on Lower-Than-Expected Sales

01:19pm, Friday, 23'rd Dec 2022 Zacks Investment Research
CarMax (KMX) now envisions fiscal 2023 capex to be around $450 million, lower than $500 million estimated earlier.
CarMax (KMX) now envisions fiscal 2023 capex to be around $450 million, lower than $500 million estimated earlier.
CarMax is the market leader in the highly fragmented used car industry, in a strong position to continue to gain market share. The company has averaged net income of roughly $680MM over the last 11 ye
U.S. markets witnessed another sell-off on Thursday, dampening hopes of a "Santa Claus" rally following the temporary rebound. Prominent market commentator Jim Cramer highlighted three reasons behi
U.S. markets witnessed another sell-off on Thursday, erasing all optimism surrounding a "Santa Claus" rally following a rebound in the previous session as investors and traders began considering th
U.S. stocks tumbled on Thursday, but ended well off session lows following a fleeting rally in the previous session.

CarMax (KMX) Q3 2023 Earnings Call Transcript

09:00pm, Thursday, 22'nd Dec 2022 The Motley Fool
KMX earnings call for the period ending September 30, 2022.
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