Before the Bell Scans of CarMax, Copart, O'Reilly Automotive, Advance Auto Parts, and AutoNation

Thu Mar 7, 2013 8:01am EST

* Reuters is not responsible for the content in this press release.

For best results when printing this announcement, please click on the link

LONDON,  March 7, 2013  /PRNewswire/ --

Markets continued their ascent and scored another positive day yesterday despite
Dallas Fed President  Richard Fisher  claiming that the U.S. economy is in a
neutral mode. The auto ancillary sector shared the bullish sentiments of the
broad market and the shares showed good growth on Wednesday. The Dow Jones ended
its latest session at 14,296.24, up 0.30 percent while NASDAQ was down 0.05
percent to close at 3,222.37. Similarly, S&P also closed on a bullish note at
1,541.46, up 0.11 percent. Our research team took a look at the Auto Dealerships
and Auto Parts Stores industries which include major companies like CarMax Inc.
(NYSE: KMX), Copart Inc. (NASDAQ: CPRT), O'Reilly Automotive Inc. (NASDAQ:
ORLY), Advanced Auto Parts Inc. (NYSE: AAP) and AutoNation Inc. (NYSE: AN).
StockCall has taken an interest in these companies and you can now sign up to
download the free technical research on KMX, CPRT, ORLY, AAP, and AN at

CarMax Inc. shares were up for its latest trading session, ending the day 1.02
percent higher at  $40.65. The stock fell to an intra-day low of  $40.34, while
its intra-day high stood at  $41.65. With the upward move, CarMax has gained
more than 8 percent this year, compared to a gain of 8.08 percent for the S&P
500. The company's shares have strong support at around  $40.00, as the stock
shows a bullish trend. The stock is trading higher than its 20-day and 50-day
moving averages. Sign up today to read the free research report on KMX at

Copart Inc. traded in the range of  $33.10  and  $33.66  in Wednesday's trading
session and closed the day at  $33.51, up 0.45 percent. The stock's 52 weeks
range stands at  $22.59  and  $37.47. Copart has gained 33.45 percent of its
value in the past 12 months, while it climbed 13.59 percent so far this year.
The company is in a bullish mode and may find its first support level at 
$33.03. It is trading below its 20-day moving average of  $35.02. Register to
download the free technical analysis on CPRT at

Shares of O'Reilly Automotive Inc. ended its previous trading session marginally
down at  $103.44, 1.08 percent lower. The stock is up more than 15 percent this
year, outperforming the broad market. The stock has slipped from  $104.78 
resistance level. It has support at around  $102.34  at the moment. Despite its
downward movement, O'Reilly Automotive is still trading above its 6-day and
20-day moving averages. A free report on ORLY can be accessed by registering at

Advanced Auto Parts Inc. traded in the range of  $75.97  and  $77.24  during
yesterday's trading session. It opened at  $77.10  and closed at  $76.18, down
1.00 percent. The stock is currently in a neutral mode and has its first
resistance level at  $76.89. Upon breaching this level, the company may go as
high as  $79.04. It traded 1.26 million shares and is below its 20-day moving
average price. Its first support level is at  $75.63. So far in 2013, the stock
has jumped up 5.29 percent. Register with StockCall and download the research on
AAP for free at 030713.pdf

AutoNation Inc.'s stock finished 0.27 percent higher at  $45.12, with volume up
from a daily average of 714,000 to 813,000 shares. The stock is up so far in
2013 with its year-to-date gain at 13.65 percent. However, the stock currently
shows a bullish trend which is further confirmed by the stock's MACD chart.
AutoNation has its first support level at  $44.78. In the coming trading
sessions, the stock is likely to go as high as  $47.98. Read the full free
research on AN by signing up to StockCall at

 About is a financial website where investors can have easy, precise and
comprehensive research and opinions on stocks making the headlines. Sign up
today to talk to our financial analyst at


William T. Knight, Email:, Contact Number: +1(646)396-9857
(9:00 am EST - 01:30 pm EST)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.