America’s Car-Mart, Inc – CRMT

by | May 10, 2020 | Investment Ideas | 0 comments

America’s Car-Mart did not make it to the 50 actionable investment ideas for How to Profit from the Coronavirus Recession.

Now looking back, I think the company should have been in the book. I was too pessimistic. The stock price almost doubled since the lows. I should have been paying attention to the insider buys.

Anyway, America’s Car-Mart is a used car dealer. I am thinking that because of the social distancing and fear of mass transportation, people will be buying more cars. So America’s Car-Mart should benefit.

I don’t feel like writing a new report on the company so here is what I wrote about the company in December 2015. You can update the numbers yourself. I don’t own any stock at this point.

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About Mariusz Skonieczny

Mariusz Skonieczny is the founder of Classic Value Investors.