1 Unstoppable Stock Up 2,600% Since the Start of 2023: Time to Buy?
Investors appear to be optimistic these days, as evidenced by a stock market that's near record territory. This bullish sentiment has worked wonders for some businesses with a prime example being (NYSE: CVNA).
The online used-car retailer has enjoyed an incredible run since the beginning of last year, soaring over 2,600%. It's even up 121% just this year. Is it time to ride the momentum and buy Carvana shares today?
One key factor that has propelled Carvana stock to new heights has been a string of solid financial results. The company just reported numbers for the first quarter.
Source Fool.com
Carvana Co. Stock
€122.30
8.430%
With 7 Buy predictions and 6 Sell predictions the community is currently undecided on Carvana Co..
However, we have a potential of -66.48% for Carvana Co. as the target price of 41 € is below the current price of 122.3 €.
