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Why CarMax Stock Jumped 10% in January

TheMotleyFool

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Shares of CarMax (NYSE: KMX) gained 10.7% in value last month, according to data provided by S&P Global Market Intelligence.

Investors are optimistic about CarMax heading into 2020, especially after a positive consumer spending report in January that may point to further sales of used cars.

Image source: CarMax.

Source Fool.com

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