HomeTechSoftwareEarnings Alert: KMX, ACI & CRWD Stock Upgrade
Earnings Alert: KMX, ACI & CRWD Stock Upgrade

The markets opened higher today following the inflation data. Albertsons (ACI) earnings announcement revealed $0.75 in EPS and $17.40B in revenue, beating estimates. The fourth quarter same-store sales were up 7.5%. However, the ACI stock price is trading lower following the news. Next, Shawn Cruz weighs in on CarMax (KMX) fourth quarter earnings that revealed $0.98 in EPS and $7.70B in revenue. The company bought approximately 324K vehicles from consumers during the quarter. How does CarMax (KMX) compare to other auto-related stocks like AutoNation (AN), Lithia Motors (LAD), and AutoZone (AZO)? Also, Cruz discusses Crowdstrike (CRWD) as it was upgraded to buy from neutral at Goldman Sachs. The analyst stated that the war in Ukraine stokes an already-elevated demand environment.

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