1 Growth Stock to Keep on Your Watchlist
Carvana (NYSE: CVNA) is a fast-growing e-commerce platform for buying and selling used cars. Listed in 2017, it has had a good run, with revenue more than quadrupling between 2017 and 2019. Despite its solid performance, Carvana is still a very young company with huge growth potential that could last for the next five to 10 years.
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Carvana operates an integrated e-commerce platform that covers every aspect of used car retailing, including online sales, financing, logistics, inspection and repair centers, software development, and more. This end-to-end business model disrupts traditional used car sales in several crucial ways.
Source Fool.com
