As you probably have read, Berkshire Hathaway has offered to purchase the remaining shares of Wesco Financial [stckqut]WSC[/stckqut] that the company currently does not own. I assume this offer will be accepted (although there is a chance that the price will have to increase). Based on this news, I am removing Wesco from my Watch List as I cannot confidently say that the price of the stock will increase dramatically from this point.

I do not encourage you to expand your position in the stock from this point. If you would like to hold on to the stock to look for a better price from Warren Buffett, that is your choice.

Company name CarMax, Inc
Stock ticker KMX
Live stock price [stckqut]KMX[/stckqut]
P/E compared to competitors Good
MANAGEMENT EXECUTION
Employee productivity Fair
Sales growth Fair
EPS growth Good
P/E growth Poor
EBIT growth Good
ANALYSIS
Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $31.39
Target stock price (averages with growth) $48.35
Target stock price (averages with no growth) $43.2
Target stock price (manual assumptions) $26.62

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in this stock as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.

I am removing this stock from my Watch List. The company has not been growing their P/E since my last review and now the company has slipped to being only a Fair Company. If their Sales Growth would increase then they would like return to the Watch List.