Carvana Co. sidesteps a scathing short-seller report out on Thursday that called the company's turnaround a “mirage.”
Short seller Hindenburg Research is betting against Carvana Co CVNA with the stock up more than 300% over the past year. Despite the bearish report, shares are moving higher on Thursday.
Short seller Hindenburg Research said on Thursday it was short on used-car retailer Carvana Co.
Ernie Garcia, chairman and CEO of Carvana, joins CNBC's 'Power Lunch' to discuss the company's stellar success in 2024, expectations for next year, and more.
Carvana Co (NYSE:CVNA) stock is 2.2% lower at $227.97 at last glance, after sector peer CarMax (KMX) smashed third-quarter earnings estimates.
There's no need to sugarcoat it. Investors putting money to work in the stock market undoubtedly want to become rich over time.
The e-commerce giant's auto business is operating in 48 cities. Hyundai Motor is its exclusive partner for the launch.
Carvana (CVNA -2.86%) has become one of the more surprising turnaround stories in recent years. Two years ago, the company was on the brink of bankruptcy when a debt restructuring deal gave it new life.
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Five non-tech stocks have more room to grow in 2025 despite triple-digit returns in 2024. These are; SFM, FIX, EME, VST, CVNA.
Given CVNA's operational discipline and market potential, we believe there is significant upside potential in the stock going into 2025.
It's a shame accounting standards setters don't respect the way knowledge of fixed costs, variable costs, and operating leverage can help investors, so we're left on our own here. This framework supports several of my recent “Buy” ratings on stocks despite high P/Es.