Is $KMX overvalued? Yes. Will the stock probably go up a lot more the next two days? Also yes.

$BBWI just told us between the lines that sales are going to grow next year and margin target remains 20% from 17% this year. They are buying back 5% of the float and pay a 2% dividend. All that for…10x EPS? Pound for pound the cheapest “good” business in all of consumer.