Hot Asian Companies To Buy For 2016

Hot Asian Companies To Buy For 2016: CarMax Inc(KMX)

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. It also sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions, as well as sells new vehicles under franchise agreements. In addition, the company provides customers financing alternatives through its finance operation, CarMax Auto Finance, as well as through its third-party financing providers. Further, it offers a range of other related products and services, including the sale of extended service plans, guaranteed asset protection, and accessories; the appraisal and purchase of vehicles directly from consumers; and vehicle repair services. As of December 21, 2011, the company operated 107 used car superstores in 52 markets. CarMax, Inc. was founded in 1993 and is headquartered in Richmond, Virginia.

Advisors' Opinion:

• [By Dividend]

  Big names on the Buyback side were Pfizer (PFE), AbbVie, Canadian National Railway (CNI), Parker Hannfin (PH), Nielsen (NLSN) and CarMax (KMX).

  In total, 27 stocks announced a new, additional or increased share buyback program. The total buyback volume for the future is over USD $25 billion.

• [By Garrett Cook]

  CarMax (NYSE: KMX) was down, falling 10.21 percent to $47.42 after the company reported downbeat fiscal second-quarter profit.

  Commodities

• [By Garrett Cook]

  CarMax (NYSE: KMX) was down, falling 9.60 percent to $47.74 after the company reported downbeat fiscal second-quarter profit.

  Commodities

• [By ovenerio]

  In this article, let's take a look at CarMax Inc. (KMX),a $11.69 billion market cap company, which is the largest U.S. retailer of used vehicles. It owns and operates more than130 used car superstores in about 60 markets and sells! new vehicles at five locations.

source from Top Stocks For 2015:http://www.topstocksblog.com/hot-asian-companies-to-buy-for-2016.html