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Has CarMax (KMX) Outpaced Other Retail-Wholesale Stocks This Year?

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The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has CarMax (KMX - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.

CarMax is a member of the Retail-Wholesale sector. This group includes 228 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. KMX is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for KMX's full-year earnings has moved 1.06% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, KMX has moved about 9.87% on a year-to-date basis. Meanwhile, the Retail-Wholesale sector has returned an average of 7.95% on a year-to-date basis. As we can see, CarMax is performing better than its sector in the calendar year.

To break things down more, KMX belongs to the Automotive - Retail and Wholesale - Parts industry, a group that includes 5 individual companies and currently sits at #10 in the Zacks Industry Rank. On average, stocks in this group have gained 26.53% this year, meaning that KMX is slightly underperforming its industry in terms of year-to-date returns.

Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to KMX as it looks to continue its solid performance.


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