it's also interesting in consumer discretionary, names like carmax.interesting because i think we have supply issues on a out side that's kept used cars relatively elevated i expect that to continue for another couple years >> i did not see that turn coming from lulu to carmax >>> still ahead on this show, batter-up! i love this show we got a fast pitch on an under-the-radar financial name you might want to bank on. i'll bring you the name when "fast money" returns "fast money" returns >> well, would you look at that? jerry, you gotta see this. seen it. trust me, after 15 walks... gets a little old. i really should be retired by now. wish i'd invested when i had the chance... to the moon! ugh. unbelievable. >>>. >>> welcome back to fast money believe it or not, it is almost earnings season, big banks, j.p. morgan, wells fargo, citigroup out with results starting this friday the next guest is taking the mound. we see a total home run. welcome, ava, a chief investment strategist ava, you like signature bank why? >> we like the bank because of in an infl

>> i am the shepherd watching over carmax, okay? kmx. this is an auto retailer omni channel retailer. by the way, trades at 17 times just reported great third quarter numbers. only 9% of that is online. in a world where anyone that goes online or companies that are eretailers have enormous multiples, this one does not it has the tail wind for being a seller of cars even if it's a secondary market seller of cars but, again, 9% of their sales last quarter up 16% year over year was online. i think this car -- this company is punished. it had a great run it's not expensive i think that's really the whole story. the wolf is the expensive company with no -- you know, with no earnings this is a company that's actually not expensive, being treated like a tech stock. it's down 25% or so in the last 40 sessions along with the other tech stocks that have sold off at the exact same time because it's perceived as an eretailer that has a crazy multiple. >> guy, do you like carmax >> tim is spot on. it's not expensive not sold off $155 stock last i loo

second, whenever and around carmax that your tech line schmidt is eager to see whether the my back name still stands for perfect engineering. 612 horse power, 900 newton meet up. and now we want to see if this is really the best call about ah, and now i will try to accelerate rates to the maximum speed. let's see what it is with the, let's try an emergency breaking now with well water. right? so now i stole this last driving. i really need to relax. and this guy's perfect for this is a mustache i can hear us. yes, the rear seats feature a massage function. luxury also appreciated by the weld beating motor sports pro. when she has the rare opportunity to be a back seat driver. let's go. ah, i think that was not major. hi. i on now with the a little bit slow. that's a little bit difficult for race drivers and it takes 10 seconds to start. but no, it's comfortable, it's not the normal position to sit in the back of a call, but it's very comfortable. ah. but at the end of the day, there's only one place where the racing ace really feels comfortable behind the wheel of the my back. that i wa

welcome back, carmax. thanks for having me back now, you call it the most reckless fed ever be the federal reserve bank in washington, d. c. elaborate on why and how? well, the fed has still is still in refreshing interest rates to new 0, and it's still printing money even though it's a slower right before. and it's doing so even while inflation is measured by regular c p, i is now nearly 7 percent in this measured by c p w, which is for urban wage earners. it's, it's over 7 percent. and there are no indication that this inflation wall somehow go away on its own. i'm in this thing has started on the flood gates. if you get this thing is going at, the fed is instituting the most negative really interest rates ever. and it's not really, it's brushed off and that's inflation search over the last 12 months. i've been ranting and raving about it, but if it doesn't listen to me, and so now we've got it, we've got these low interest rates. we've got this huge and surging inflation and the fed is now way behind th

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yes, i am >> just after noon, a repeat customer comes to see if kareem can beat the offer he got at carmax my main source is buying cars off the street i buy from auctions as well. we have 48 good deals and 15 great deals. >> how do you make your money? >> volume. >> earlier, he finally landed a new car deal with alfa romeo, but that's for show. used cars are still the dough, well, sort of. >> before the pandemic, we were averaging $3500 a car, now, if we make $500, we're happy. come on in, let's knock it out if i sell you one car, i don't make money i have to sell you a minimum of three cars my motto has been treat customers how you want your family to be treated and do it at volume. when they come here, they don't feel like they got ripped off and they feel like they were treated like family. why would you go somewhere else? >> congratulations, guys thank you guys again for coming back >> always be closing but you know, shep, the used car buying experience has changed because people now pick out a car online and it's very appointment driven they come here to see a specific car, and that'

mobile app, go on the web portal zoom in on our map and look at a list view and you can start seeing carmaxships that have blink charging stations in them. >> to your point, michael, in terms of the deployment around the country of the stations that are going to actually start generating recurring revenue for you, what are the expectations, let's call it, for the end of the year, in terms of how many you have out there, verses right now? >> substantial growth in our business a lot of people are unaware of the fact that just because they build back better has not gone through, the money for charging stations hasn't been approved. that's not the case. $7.5 billion has been deployed and ear marked we're going to be able to take tremendous advantage of the capitol for us to deploy charging insfru structure. it's extremely exciting times for us and again, having our chargers at the point of purchase at the dealership level, like with gm, gets our brand out there allows those to know that blink is one of the leaders in the infrastructure charging space. >> it's morgan we talk about that recurring

that is competition for used car online sellers like carmax and the like.ping by a lot, most since the 1950s with lack of chips, the new car is available, gm does this direct in the second used car market, a big competition. stuart: big competition, a smart move, isn't it? what is wrong with that? dish back in talk with directv? stock is up to present. >> you have been watching this for 20 years, back and forth, directv, tpg group, private equity group, we know it but directv when valued over $16 billion is not valued at 16 billion anymore with a cord cutting we've been seeing, 5% plus each year, really a rethink on how to survive in the streaming age. the government might be more lenient in these industries because it was the heck up. that was the brakes but the government and doj did not approve the large merger. stuart: if i could get all the programming i need on my ipad i might cut the cord but i can't figure out how to do it yet but you heard it first. >> an infection point for the consumer. stuart: put them up on screen, microsoft in the lead, up 5 p