CarMax Looks Like a Trade-In

CarMax (KMX) was completely disassociated from the now-defunct electronics retailer Circuit City back in 2002. Since then, the stock has done pretty well if you were tough enough to withstand some wild swings. CarMax's stock dropped 63% from its 2002 high to its 2003 nadir. It sold off by 54% from 2003's top to 2004's bottom. The 2007-08 peak-to-trough plunge of 80% was even scarier.

CarMax has almost doubled from it 2012 low point. You might not want to hang around for the next selloff....268 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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