Is Carvana a Buy Now?
Carvana (NYSE: CVNA) stock has risen more than 500% so far in 2023. That's a huge price advance by any measure, but the stock is still down over 90% from its 2021 highs. There's a lot to wrap your head around here before you decide to buy Carvana stock.
Carvana is trying to turn what has long been an in-person experience into an online one. That was really attractive to customers and investors during the coronavirus pandemic when in-person was a big problem because of social distancing efforts. The stock rocketed higher.
Source Fool.com
Carvana Co. Stock
€113.06
2.820%
Currently there is a rather negative sentiment for Carvana Co. with 3 Buy predictions and 7 Sell predictions..
The target price of 33 € compared with the current price of 113.06 € for the stock indicates a negative potential of -70.81%.
