3 High-Growth Stocks That Are Just Getting Started
Carvana (NYSE: CVNA), Spotify (NYSE: SPOT), and Zillow Group (NASDAQ: ZG)(NASDAQ: Z) are three high-growth stocks that are just getting started. Here's why.
Carvana is the country's third-largest retailer of used cars, but its business model is completely different than that of traditional car dealers.
For starters, it doesn't even have dealership locations. Instead, it's an entirely online selling model whereby customers browse its 22,000+-vehicle inventory on the company's website. After just a few clicks, customers can select their car, arrange financing, arrange their trade-in if they have one, and have the car delivered straight to their door or to one of the company's patented car vending machines. And the seven-day return policy, which is effectively a seven-day test drive, is increasingly making customers comfortable buying the cars sight unseen.
Source Fool.com
