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Carmax Inc (KMX) [hlAlert]

Rating:
Neutral KMX

Carmax Inc (KMX) rated Neutral with price target $8 by Kevin Dann

Posted on: Wednesday,  Dec 17, 2008  9:25 AM ET by Kevin Dann

Kevin Dann rated Neutral Carmax Inc (NYSE: KMX) on 12/17/2008. Previously Kevin Dann rated Buy Carmax Inc (NYSE: KMX) on 10/16/2007.,
when the stock price was $21.41. Since then, Carmax Inc has lost 5.79% as of 12/19/2007's recent price of $20.17.
If you would have followed the previous Kevin Dann's recommendation on KMX, you would have lost 5.79% of your investment in 64 days.

CarMax Group is a subsidiary of Circuit City Stores, Inc. The company is one of the nation's largest retailers of brand-name consumer electronics and major appliances, and a leading retailer of personal computers and music software. The company is adding value to this industry with a consumer offer that includes extraordinary selection; everyday low prices marked clearly on every car; quality gaurantees; and exceptional customer service. (PRESS RELEASE)

We are committed to producing original, insightful research and strive to add value by identifying timely investment ideas that will generate superior returns for our clients. Our focused, unbiased efforts also allow us to research and cover quality small and micro capitalization firms that are underserved and have not attracted the attention of bulge bracket research firms. Our focused research coverage is free from conflict. This allows us to add value to clients by making impactful, market-moving calls.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/17/2008 9:25 AM Hold
None
7.63 8.00
as of 12/24/2008
1 Week up  1.09 %
1 Month up  3.43 %
3 Months up  71.39 %
1 YTD down  -30.12 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/19/2008 9:25 AM Hold
None
16.29 15.00
12/19/2007 2:25 PM Hold
None
20.17 21.00
10/16/2007 9:39 PM Buy
None
21.41 28.00

(*) Stock Price at the time of the recommendation.
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