KMX Carmax Inc

$KMX Added today at $51.71. Revenue increased 19% YoY last quarter. EPS increased 81% YoY. I trust the SEC filings over some random Stocktwits account who has been posting that "lots are ghost towns" since the stock was trading in the 30s.

Bank of America upgraded CarMax to Buy from Underperform and raised its price target to $65 from $50, citing improved price competitiveness amid greater transparency in the used-car market. Shares rose more than 3% premarket. Analysts Alexander Perry and Jack Joyce expect sustained positive comparable sales after CarMax’s used-unit sales increased 13% in fiscal Q2, versus a 2% industry decline. BofA attributed the outperformance partly to the FTC’s pricing-transparency rules introduced in May, which require dealers to advertise final prices rather than exclude hidden fees. CarMax says the rules account for roughly half of its improved price competitiveness, with further gains expected as compliance increases. BofA’s survey found CarMax prices 0.3% above the market average, compared with Carvana at 1.2% below and franchised dealers at 0.1% below. $KMX

$KMX BofA double upgraded CarMax to Buy from Underperform today, target to 65 dollars from 50. Pretty unusual move, and it's not really a demand call. FTC enforcement on all-in pricing since May is forcing rivals to advertise the fees CarMax already included. Used unit comps were up 13% in fiscal Q2, public peers were down 4% on average. Nov. 3 strategy update is next.

$KMX over priced lots are ghost towns. Just go visit your local Carmax used car dealership and look around. Only people there are employees sitting around. Terrible biz model 20.00

$KMX another day another ghost town at local carmax. Absolute trainwreck. We’re going sub 30!

$KMX before you buy go visit a Carmax. See what I see. Absolutely empty with all the salespeople just sitting at their desks. I’m telling ya these used car lots R coming way down! Not to mention the Repos and fierce competition. Sub 30’s