Back From the Brink: Carvana Is a High-Flying Growth Stock. But Is It a Buy Now?
Carvana (NYSE: CVNA) has been riding high after a blockbuster first quarter that saw the online used-car retailer hit record highs across virtually every key metric. Investors who bought in when Carvana was a single-digit stock during a very rocky 2022 are sitting on spectacular gains now, with the share price up 1,000% over the past three years. The stock has surged 183% over the past year, and lately it's been within striking distance of its all-time highs. Continue reading
Carvana (NYSE: CVNA) has been riding high after a blockbuster first quarter that saw the online used-car retailer hit record highs across virtually every key metric.
Investors who bought in when Carvana was a single-digit stock during a very rocky 2022 are sitting on spectacular gains now, with the share price up 1,000% over the past three years. The stock has surged 183% over the past year, and lately it's been within striking distance of its all-time highs.
