After tanking 98% in 2022, (NYSE: CVNA) shares are bouncing back nicely this year. They have soared a whopping 752% in 2023 (as of Aug. 21), a clear sign of renewed optimism from investors. 

The used car e-commerce company is winning over shareholders by posting better-than-expected financial results. But that doesn't mean it's time to automatically rush into buying the stock now. 

Let's look at one obvious reason that Carvana's stock is a screaming buy and one reason investors should stay away.

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Source Fool.com