America's Car-Mart's Engine Ran Smoothly in the Fourth Quarter

Filed under: Earnings Reports, AutoNation Inc (AN)

America's Car-Mart, Inc. (CRMT), an automotive retailer whose colleagues include AutoNation, Inc. (AN) and CarMax, Inc. (KMX), reported what I thought was an excellent fourth quarter. But the shares aren't performing how one might think they would perform given the data.



At the time of this writing during the afternoon session, my screen showed a quote of $24.53 for the stock. That was up three little pennies. Not much action there, my trading friends. And I'll tell you, there hasn't been much excitement in the stock over the last few months. If you take a look at the following chart, you'll see a narrow, boring range of sideways action.

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America's Car-Mart's Engine Ran Smoothly in the Fourth Quarter originally appeared on BloggingStocks on Thu, 03 Jun 2010 18:00:00 EST. Please see our terms for use of feeds.

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