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With a market cap of $10.6 billion, CarMax, Inc. (KMX) operates as a retailer of used vehicles and related products. Operates through two segments: CarMax Sales Operations and CarMax Auto Finance, the company offers a wide selection of used cars through its nationwide network of stores and online channels.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and CarMax fits this description perfectly. It also provides financing options, extended service plans, and appraisals, streamlining the car-buying and selling experience with transparency and ease.