ACES' 2nd pick for the month, CarMax Group (Ticker: KMX; Exch: NYSE) is in the car business. Products\Services: Purchases, reconditions and sells used vehicles. Also sells new vehicles (under sales and service agreements with DaimlerChrysler, Nissan, Mitsubishi, Toyota, Ford, General Motors and BMW). CarMax allows customers to purchase vehicles using non-negotiated low prices. Operational\Marketing Areas: 40 store locations in 11 states (California, Florida, Georgia, Illinois, Maryland, North Carolina, South Carolina,Tennessee, Virginia and Wisconsin). Market capitalization: $198M (Approx.). No. of employees: 5910 (Approx., as of 2/29/00).
Stock's Growth Record (12 Mo.)
Fundamentals: (Growth Rates, Revenues, Earnings, Price Performance, etc.)
ACES Stock Grade (ASG)*: 10.0000
* - A proprietary number devised by ACES that combines a stock's profitability, management's performance, per share earnings, PE, financial strength and other selected variables in one number. A higher ASG is preferable than a lower ASG.
Closing Price: $8.39 per shr. (Apr. 20, 2001)