Hi friends,
We're approaching the holidays and markets are fluttering around the levels it started out with. The Dow 30 dropped a bit from its Monday open but still ended up higher than last Friday's close; see the 5-day change from open (on Monday, 12/14/20) to close (this past Friday, 12/18/20) below. We hope you made gains to pay for all of the holiday shopping you're doing.
Dow Jones Industrial Average: 30,179.05 -98.73 (-0.33%)
S&P 500: 3,709.41 +13.64 (+0.37%)
Nasdaq: 12,755.64 +230.96 (+1.87%)
Russell 2000: 1,969.99 +30.03 (+1.55%)
It's going to be a quiet week for earnings(week of 12/14/20-12/18/20):
12/22/2020:
CTAS
KMX
12/23/2020:
PAYX
Carmax (CMX) is one of the premier used car retailers in the U.S., specializing in taking in your car for cash and reselling it. With over a couple of decades of operation and hundreds of locations available, it's no wonder why Carmax is a part of the S&P 500. Let's unpack its fundamentals:
Last 4 earnings report:
2020 Q3: beat
2020 Q2: miss
2020 Q1: beat
2019 Q4: miss
3-year total revenue
Feb, 2020: Higher than previous
Feb, 2019: Higher than previous
Feb, 2018: Higher than previous
Technicals:
3-month: ~ -2.8%
1-year: ~ +.84%
5-year: ~ +72.1%
From the looks of it, despite a couple of misses in earnings, Carmax has seen a steady rise from the dotcom bubble burst. If you're into slow and steady, it might be worth considering after you see good earnings and guidance.
The Greatest Gift is to Give
If you've bought any stock from our fundamental reports and made a profit, please consider donating some of it to someone you know who's in need, since we're fortunate enough to invest in the first place. It's been a rough few months especially for those who've lost jobs and livelihoods due to the pandemic and we all could use a little bit of holiday cheer. Remember to keep in the mindset of abundance and pay it forward.
Discord Launched!
Just as a PSA, we released our discord channel! Log in and go to the dashboard at www.calltoleap.com/courses and scroll to the bottom of the page for instructions on how to get plugged into the community. Thanks for tuning in and sticking with us. Have a happy holiday and stay safe out there!
Until next time!
- Call to Leap Team
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