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 (KMX 2.67%) hit an all-time high on Wednesday after fourth-quarter profits rose 13%. To what extent is CarMax competing with Ford (F 0.47%), General Motors (GM 4.37%), and Autonation (AN 2.39%)? What's the opportunity for CarMax going forward? In this installment of MarketFoolery, our analysts discuss the future of CarMax.

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The relevant video segment can be found between 7:37 and 12:45.

For the full video of today's MarketFoolery, click here.