Up 440% in a Year, Will Carvana Continue Its Hot Streak?
Carvana (NYSE: CVNA) had a bankruptcy threat a couple of years ago, but the company survived and is now thriving in the used-car market. But are the improved metrics sustainable? In this video, Travis Hoium goes through what needs to go right for Carvana to thrive long-term.
*Stock prices used were end-of-day prices of Sept. 16, 2024. The video was published on Sept. 16, 2024.
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Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
