Where Will Carvana Stock Be 10 Years From Now?
With the major indices hitting fresh all-time records, investor optimism appears higher than ever before. This has created a favorable environment in which some of the most volatile stocks are soaring.
Just look at (NYSE: CVNA). Shares of the used car online retailer are up more than tenfold in just the last 12 months. Instead of buying the stock to maybe ride the momentum for near-term gains, the best perspective may be to think long term.
With that mental framework, let's consider: where will Carvana be 10 years from now?
Source Fool.com
Carvana Co. Stock
€113.62
-0.230%
Based on 7 Buy predictions and 7 Sell predictions the sentiment towards Carvana Co. is rather balanced.
A target price of 41 € results in a potential of -63.91% which would mean heavy losses compared to the current price of 113.62 € for Carvana Co..
