This Stock Gained Over 800% in 2023. Is It Time for Investors to Take Profits and Move On?
Carvana (NYSE: CVNA) made headlines in late 2022 when the business appeared to be on the verge of bankruptcy. It ended up surviving, and investors have been handsomely rewarded, but it could be time to move on. In this video, Fool.com contributor Tyler Crowe discusses why he thinks so, and what stock he'd suggest investors look at instead.
*Stock prices used were the afternoon prices of Jan. 3, 2024. The video was published on Jan. 5, 2024.
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%.
