3 Must-Know Facts About Carvana Before You Buy the Stock
Bullish sentiment has taken over Wall Street, as evidenced by both the S 500 and Nasdaq Composite index being in record territory. Even some businesses that have been labeled as riskier are seeing their share prices soar.
That's especially true with (NYSE: CVNA). The online used car retail stock skyrocketed over 1,000% in 2023. It has continued its impressive run so far this year.
Before you buy the shares, which are still 77% below their peak price, here are three must-know facts about Carvana.
Source Fool.com
Carvana Co. Stock
€77.59
-0.730%
With 7 Sell predictions and only 2 Buy predictions the community sentiment for Carvana Co. is rather negative.
The target price of 37 € compared with the current price of 77.59 € for the stock indicates a negative potential of -52.31%.
