Key Points Carvana's stock price has soared 878% since its December low of $3.55. Despite the fast-moving share price, may have more in common with meme stocks than companies with long-term potential. For example, it wasn’t that long ago that shares of used-car dealership Carvana Co. NYSE: CVNA were careening down a cliff. Are the good times for the share price likely to last? While Carvana currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
Source: Forbes July 11, 2023 15:00 UTC