CarMax NYSE: KMX is set up for a market melt-up because of improving market sentiment. The used car market is still struggling due to market normalization, but it is sufficient to drive solid cash flow for this business, and the trends are improving. The critical takeaway from the Q1 report is that costs are improving, vehicle value is stabilizing, demand is rebounding, and the business is set up to return to growth with leveraged earnings power. CarMax Today KMX CarMax $72.81 +1.45 (+2.03$ ...