The following video is from Wednesday's MarketFoolery podcast, in which host Chris Hill and analysts Jason Moser and Joe Tenebruso discuss the top business and investing stories of the day.
Shares of CarMax (NYSE:KMX) hit an all-time high on Wednesday after fourth-quarter profits rose 13%. To what extent is CarMax competing with Ford (NYSE:F), General Motors (NYSE:GM), and Autonation (NYSE:AN)? What's the opportunity for CarMax going forward? In this installment of MarketFoolery, our analysts discuss the future of CarMax.
The relevant video segment can be found between 7:37 and 12:45.
Chris Hill, Jason Moser, and Joe Tenebruso have no position in any stocks mentioned. The Motley Fool recommends and owns shares of Ford. It recommends General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.