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Why Fast-paced Mover CarMax (KMX) Is a Great Choice for Value Investors
KMXCarMax(KMX) ZACKS·2024-12-26 14:51

Group 1 - The stock of CarMax (KMX) has shown a significant price momentum, gaining 12.6% over the past 12 weeks, indicating strong investor interest [5][10] - KMX has a favorable Momentum Score of A, suggesting it is an opportune time for investors to enter the stock to capitalize on its momentum [11] - The stock is currently trading at a reasonable valuation with a Price-to-Sales ratio of 0.51, meaning investors pay only 51 cents for each dollar of sales [12] Group 2 - KMX has a beta of 1.71, indicating that it moves 71% higher than the market in either direction, reflecting its fast-paced momentum [9] - The upward trend in earnings estimate revisions has contributed to KMX earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects [6] - The 'Fast-Paced Momentum at a Bargain' screen identifies KMX as a stock that is both fast-moving and attractively priced, making it a strong candidate for investment [8][13]