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Jim Cramer Holds on CarMax (KMX): “Don't Sell It Down Here — That's a Remarkable Decline” [Yahoo! Finance]

CarMax Inc (KMX) 
Last carmax inc earnings: 4/2 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.carmax.com/home/default.aspx
Company Research Source: Yahoo! Finance
On Monday, Mad Money host Jim Cramer drew a parallel to 2011 and argued that what we are seeing is another crisis that feels manufactured, one he believes could be resolved just as easily as it was created, “with the stroke of a pen,” as he described it. “Could this be another earnings season that simply doesn't matter because there are bigger forces at work that are going to crush the entire market? It's happened before, back in 2011.” READ ALSO Jim Cramer's Thoughts on These 5 Stocks and Jim Cramer's Game Plan for Next Week: 25 Stocks in Focus Cramer pointed out that the market has opened lower nearly every day, not because of disappointing earnings, those, he said, have largely held up, except in the case of companies with significant exposure to China, which he described as now being a liability for American businesses. He emphasized that the situation is not being driven by corporate fundamentals but by factors outside of earnings. He added: “At least this time, the prob Show less Read more
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