Is CarMax Stock Underperforming the S&P 500?

Valued at a market cap of $11.9 billion, CarMax, Inc. (KMX) operates as a retailer of used vehicles and related products. The Richmond, Virginia-based company offers customers a wide range of used cars, including domestic, imported, luxury, hybrid, and electric vehicles. Also, it provides vehicle financing alternatives to retail customers. 

Companies worth more than $10 billion are generally described as “large-cap” stocks, and CarMax fits right into that category. The company distinguishes itself as the largest retailer of used vehicles in the U.S. and one of the nation's largest operators of wholesale vehicle auctions. It operates with more than 240 stores and is renowned for its integrity, transparency, and honesty in the car buying process.