CVNA - Carvana Co.
| Previous Close | 57.99 |
| Open | 58.27 |
| Bid | 0.00 x 1000 |
| Ask | 0.00 x 800 |
| Day's Range | 54.41 - 58.27 |
| 52 Week Range | 21.01 - 72.59 |
| Volume | 1,190,494 |
| Avg. Volume | 2,036,251 |
| Market Cap | 8.45B |
| Beta (3Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -2.24 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 54.68 |
- American City Business Journals•3 days ago
First look: Carvana's coin-operated vending machine for online car buyers
Carvana builds a brand based on selling cars over the internet with an eight-story contraption that dispenses automobiles like a gumball machine.
- Business Wire•4 days ago
Carvana Debuts Second Pennsylvania Car Vending Machine
Carvana (CVNA), a leading e-commerce platform for buying and selling used cars, unveiled its newest Car Vending Machine today in Pittsburgh. The newest addition to the Steel City’s skyline stands eight stories tall and holds 27 vehicles, creating a memorable and customer-centric pickup experience for customers who purchase a vehicle on Carvana.com and choose to pick it up from the Car Vending Machine.
- Business Wire•6 days ago
Carvana Launches the New Way to Buy a Car in Three Additional Texas Markets
Carvana (CVNA), a leading e-commerce platform for buying and selling used cars, has expanded its Texas presence, launching the new way to buy a car in Killeen, College Station and Waco. Area residents can also sell their current vehicle to Carvana, even if they aren’t purchasing a vehicle, and receive a real offer in just minutes.
- Moody's•10 days ago
Carvana Auto Receivables Trust 2019-1 -- Moody's assigns Provisional ratings to Carvana Auto Receivables Trust 2019-1 Notes
Moody's Investors Service ("Moody's") has assigned provisional ratings to the notes to be issued by Carvana Auto Receivables Trust 2019-1 (CRVNA 2019-1). This is the inaugural 144A auto loan transaction for Carvana, LLC (Carvana), an indirect wholly owned subsidiary of Carvana Co. (B3 stable). The notes will be backed by a pool of retail automobile loan contracts originated by Carvana, who is also the administrator of the transaction.
- TheStreet.com•10 days ago
Carvana Is Overbought and Looking Risky to Longs
During Thursday night's Mad Money program on CNBC our own Jim Cramer told viewers that picking stocks is about more than just drilling down on a company's fundamentals. One stock that for example is Carvana Co. Cramer said CVNA was flying high going into the fourth quarter last year when, despite posting strong results, the stock sold off hard along with the broad averages.
- CNBC•10 days ago
Cramer Remix: I need to see better earnings before recommending this stock
Jim Cramer explains why he will not recommend Ford until the company puts up more than one good quarter.
- Motley Fool•11 days ago
Why Carvana Stock Popped 10% This Morning
It looks like someone wants to take some car loans off Carvana's hands.
- Zacks•12 days ago
Do Options Traders Know Something About Carvana (CVNA) Stock We Don't?
Investors need to pay close attention to Carvana (CVNA) stock based on the movements in the options market lately.
- InvestorPlace•13 days ago
Why Tesla’s Shift to an Online Sales Model Is Positive for Tesla Stock
Love him or hate him, it's hard to deny Elon Musk's desire to push the envelope. Unfortunately, his hyperkinetic way of living sometimes produces negative results for Tesla (NASDAQ:TSLA) and Tesla stock.Source: Mike Lau via Flickr (Modified)InvestorPlace - Stock Market News, Stock Advice & Trading TipsTake the company's recent announcement that it would shift to an online sales model. The owners of Tesla stock were left scratching their heads. How do you sell cars without traditional showrooms? It's just wrong. Un-American. Not the way it's always been done. * The 10 Best Stocks to Buy for the Bull Market's Anniversary Sure, challenges will be created by Musk's plan to ditch Tesla's stores, but like everything the innovative company does, there's a method to Tesla's madness. "I think every business has its challenges, but they've done a pretty good job overall, I wouldn't be betting against them," Carvana (NYSE:CVNA) CEO Ernie Garcia said on Mar. 7 on CNBC. "I think when you buy a new car, questions are different, but the return policy is enormously powerful like it is on the used side. A customer knows they can return it." Why Don't Car Companies Sell Online?I've always wondered why car companies don't sell their vehicles online.I know the industry hasn't taken this step because it thinks that customers need to be coaxed into buying higher-priced cars, something that's nearly impossible to do online. But consumers today have become far more reliant on the internet to make decisions about buying cars; the visit to the dealership where the car is actually bought has become something of an afterthought. The last car I bought, a 2015 Jeep Cherokee, was purchased at the dealership where I got my previous vehicle serviced. In all my time owning vehicles, I'd never had an experience quite like the one this particular sales associate provided. When it came time to get a new vehicle, the Jeep was only one of many possible options. I bought the Cherokee primarily because I wanted to continue to utilize the dealer's service department. Now that I've moved from Toronto to Halifax and I don't have that relationship anymore, the odds of me buying another Jeep have gotten a lot slimmer. And that's not because I don't like the vehicle; I do. Every car I've ever purchased has involved an uncomfortable sales process. It's like going to the doctor for your annual examination, without the benefit of protecting your health. In other words, it's awkward and never fun. I don't know why it's so awful. It's All About the MarketingI think Tesla's stores were nothing but marketing tools. Five years ago, the stores might have been necessary. Today, everyone and his dog knows about the brand. Tesla is closing its stores to save money. It can use those savings to lower the actual prices of its vehicles. The company estimates the move will reduce the prices of its vehicles by 6%. That's a decent chunk of money even when a $35,000 Model 3 is involved.That's good news if you own Tesla stock.Also, Musk has said that TSLA needs to improve its service, which includes doing more work at customers' homes and offices. Imagine if TSLA could deliver a top-notch, online sales experience, including lower sticker prices, and follow it up with rock star service. Of course, the industry's going to have a problem with that, considering how much money dealerships have invested in real estate, buildings, etc. Tesla Stock Won't Be the Loser I think this is a brilliant move by Elon Musk. Busy people don't have time to dilly-dally in showrooms haggling over what size wheels come with the vehicle. That's so old school.Go online to any of the auto manufacturers' websites. You will see a link entitled "Build and Price" or something to that effect. So, you go through the process, and it tells you to go to a dealer near you. What's the point of offering this process if you can't press the "buy" button?A lot of questions have arisen about the risks involved in switching to an online sales model. Frankly, I'm not sure why these same experts aren't talking about the dangers of not making the change.At the end of the day, if you have stock in a business that owns automotive dealerships , say Penske Automotive (NYSE:PAG) , or you own shares of an automotive real-estate company, Tesla's latest move ought to make you terribly nervous. Even those who own shares of one of the traditional car manufacturers, such as Ford (NYSE:F). should be worried If you own Tesla stock, you can relax, since the future of automotive sales is online. As of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy Under 15x Earnings * 7 Dark Horse Stocks That Deserve Your Attention in 2019 * 5 Disruptive Technologies That Are Moving Too Fast Compare Brokers The post Why Teslaas Shift to an Online Sales Model Is Positive for Tesla Stock appeared first on InvestorPlace.
- InvestorPlace•13 days ago
A Good Story Is No Longer Enough for Tesla Stock
It's not hard to see the good in the increasingly controversial Tesla (NASDAQ:TSLA) stock. Despite recent PR troubles, the company is a veritable technology powerhouse. It also levers quite possibly the world's greatest line of electric vehicles. These and other attributes caused investors to overlook its weaknesses and buy up Tesla stock.Source: Shutterstock However, the negatives can't be ignored indefinitely. The company has only recently turned in profitable quarters. However, a pair of solid earnings reports doesn't undo the overall picture. Tesla still has a cash-burn problem, which weighs heavily on TSLA stock. Debt has also piled up in recent years, raising questions about management's ambitious production targets.But for me, the biggest impediment to Tesla stock is the underlying company's own CEO, Elon Musk. Every organization eventually faces trying times. But not every firm, particularly publicly-traded ones, find their leaders nuking their progress. While I appreciate Musk the innovator, Musk the executive commits too many unforced errors.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHis cryptic Twitter (NYSE:TWTR) post about private-equity funding landed him in hot water. It also attracted an investigation from the Securities and Exchange Commission. Another tweet regarding erroneous production capacities earned him another look from the same regulators.Now, we've learned that the Department of Defense is reviewing Musk's security clearance. This time, his infamous pot-smoking incident from the "Joe Rogan Experience" alarmed federal overseers. The security clearance is tied to SpaceX. Still, those who own a significant position in TSLA stock have reason for concern. * The 10 Best Stocks to Buy for the Bull Market's Anniversary This isn't about the individual incidents: I could care less if he lights up a joint. What I do care about is him keeping his stuff together for TSLA shareholders. I don't think that's too much to ask.Apparently, that's not how Tesla rolls. Narrative Starting to Fail for Tesla StockI've never met Elon Musk in person. But from what I've seen through the mainstream media, he appears aloof, as if he were above it all. Perhaps that's why intense pressures -- such as an SEC investigation -- don't apparently faze him. But he'll want to lock it in, if only to help prevent further damage in TSLA stock. Click to Enlarge Over the last decade, the company's revenues and the TSLA stock price generally had a direct correlation: as sales increased, so too did Tesla stock. This was most evident in 2013, when quarterly sales exploded on a year-over-year basis. At the same time, shares went from double digits into triple.Later, TSLA experienced another dramatic sales surge from the second half of 2016 through the first half of 2017. Tesla stock responded quickly, eventually driving towards record-breaking levels in September of that year.But something curious happened afterwards. While revenues started rising throughout the rest of 2017 and dramatically in 2018, TSLA stock didn't follow suit. Instead, it went rangebound, occasionally falling precipitously below the $300 mark.This dynamic tells me that Tesla is an emotional investment. But like any other emotion-driven asset, when the narrative fails, so too does the investment.As it turns out, several analysts have sounded the alarm. Management recently announced a new product, the Model Y. However, Tesla hasn't raised capital yet, which is extremely odd: they're not known for their fiscal stability.More critically, the company disclosed that they're shifting worldwide sales to an online-only platform. Such a business model is unprecedented in the automotive industry. Not only that, exclusive web sales decrease visibility at a time when auto sales have broadly lost traction.It appears that both Musk and his team have lost touch with reality, sending jitters to Tesla stock. Electric Vehicles Are Still ImpracticalI think the daredevil decision to move automotive sales online deserves more attention than it's getting. While it could be a genius move based on car-buying trends such as Carvana (NYSE:CVNA), it could just as easily go awry.Here's one of the main problems: electric vehicles (EVs), while notably increasing in user conveniences and practicality, remain mostly impractical. For example, only 56% of American households have access to a charging platform (ie. a garage). The other 44% will have problems incorporating EVs into their lives.On the other hand, fossil-fuel-powered cars can fit any driver's living arrangements. All they require are basic infrastructure. Thus, Tesla has two sales challenges to overcome: first, they must convince consumers that an EV won't crimp their lifestyle, and second, they must sell the car.While traditional automakers aren't necessarily enjoying life, they only have one obstacle: sell the car. Therefore, I don't see why Tesla wants to make life more difficult for themselves. And Musk's missteps are doing them no favors.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy Under 15x Earnings * 7 Dark Horse Stocks That Deserve Your Attention in 2019 * 5 Disruptive Technologies That Are Moving Too Fast Compare Brokers The post A Good Story Is No Longer Enough for Tesla Stock appeared first on InvestorPlace.
- CNBC•18 days ago
Carvana CEO says he wouldn't bet against Tesla selling cars online
Tesla's move to sell cars online could make sense, said Carvana CEO Ernie Garcia. The head of a rising online used car business said Tesla's TSLA decision to take all sales onto the internet may be a much better bet than some skeptics think. "I think every business has its challenges, but they've done a pretty good job overall, I wouldn't be betting against them," Carvana CVNA CEO Ernie Garcia, said Thursday on CNBC's Squawk Alley.
- Business Wire•18 days ago
Carvana Lands in Dayton with the New Way to Buy a Car
Dayton area residents can also sell their current vehicle to Carvana, even if they aren’t purchasing a vehicle, receive a real offer in just minutes and schedule as-soon-as-next-day pickup of that vehicle. Today’s launch in Dayton marks the eighth market for Carvana in the state. All 15,000+ vehicles in Carvana’s national inventory are photographed in 360 degrees to provide customers with a high-definition virtual tour.
- Motley Fool•19 days ago
What Drove Carvana 14% Higher Tuesday?
Only small announcements were released about Carvana today, but here's what investors should focus on.
- Motley Fool•19 days ago
Why Aurora Cannabis, Ctrip.com International, and Carvana Jumped Today
Analysts played a major role in boosting these stocks.
- Business Wire•20 days ago
Carvana Continues Growth in the Southwest Launching Third Market in Arizona
In as little as 10 minutes, from the comfort of home or on the go via their mobile device, Prescott area residents can shop more than 15,000 vehicles on Carvana.com, finance, purchase, sell their current vehicle to Carvana and now schedule as-soon-as-next-day delivery. All 15,000+ vehicles in Carvana’s national inventory are photographed in 360 degrees to provide customers with a high-definition virtual tour. Additionally, every vehicle is Carvana Certified, meaning it has undergone a rigorous 150-point inspection, has no frame damage and has never been in a reported accident.
- InvestorPlace•24 days ago
The 7 Best Long-Term Stocks for 2019 And Beyond
[Editor's note: This story was previously published in January 2019. It has been updated and republished.]If you're looking for consistent market success, the best thing you can do is to expand your time horizon. Chasing flavors of the week could profit you in the immediate frame, but too often, an unexpected event can derail your position. However, by picking ideas from the best long-term stocks, you improve your odds significantly.Primarily, a financially sound company's trading dynamics will replicate the law of averages. Nearer-term pressures and unfavorable news events can negatively impact the organization, but in the longer run, the fundamentals take over. In other words, time evens out the volatility. That's not the case for swing trades, where outliers can have a disproportionate effect.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMoreover, genuine long-term stocks usually have bullish arguments that extend beyond technical factors. A proven track record is a typically common attribute, as are other tailwinds, such as strong financial performances, or a robust, underlying industry.To better maximize these "patient" investments, investors should focus not just on corporate-growth prospects, but sector growth as well. In many cases, a rising tide lifts all boats, irrespective of individual performance. * 7 March Madness Stocks to Consider for the Big Dance To that end, I present my top seven stocks to buy for the long haul: Wayfair (W)Some trends are significant but difficult to quantify. Others are patently obvious. A prime example is shifting consumer behavior toward e-commerce outlets. Put simply, online sales represent an increasing share of total retail sales. This undeniable fact has always led me to recommend a longer-term position in Amazon (NASDAQ:AMZN).I'm not backing away from that opinion. Amazon attracts all customers, but notably those in the middle-income bracket. It's also pushing into extremely lucrative markets like smart speakers. Its role in the economies of tomorrow is assured. But I don't want to keep talking about the same company over again … That's why I'm putting Wayfair (NYSE:W) front and center on my long-term stocks to buy list.Wayfair is an online retailer specializing in home goods such as furniture and decorative products. And business has been good, with W generating nearly 45% direct-retail sales growth last year.The tremendous momentum has sparked a rapid rise in W stock. Since June 2017, Wayfair stock has more than doubled.The problem? Its net income is negative. Coincidentally, that's always been Amazon's issue until a few years ago. So long as shareholders continue to see top-line growth, they appear willing to overlook the bottom line.Over time, Wayfair could end up becoming a smaller version of Amazon, which isn't a bad gig. FedEx (FDX)Being as diplomatic as possible, the Trump administration has been a mixed blessing for the economy. On one hand, Trump has reinvigorated domestic industries, with calls about putting American interests first. But on the other hand, he hasn't produced a great image abroad in the non-Russian part of the world.A sharp consequence of Trump's foreign policy is the ongoing tariff wars with China. With the Asian economic giant being an exporting power, international couriers like FedEx (NYSE:FDX) felt the heat. As an example, FedEx delivered great results for its fourth-quarter fiscal 2018 earnings report. Unfortunately, investors panicked on FDX stock due to shipment-slowdown fears.That's a shame because I strongly view FedEx as one of the best long-term stocks to buy. Outside of the tariff issue, the courier, along with rival United Parcel Service (NYSE:UPS), benefits from the aforementioned e-commerce trend. Consumers are no longer shopping in brick-and-mortar stores in the same volume like prior generations. The positive tailwind for both couriers is readily apparent. * 7 March Madness Stocks to Consider for the Big Dance Critics may counter that Amazon is experimenting on their own delivery service. I've said it before, and I'll say it again: the impact is likely overstated. The economies of scale involved in trying to take down a FedEx or UPS is enormous. Besides, the e-commerce sector will balloon to a size big enough for all current competitors. Welltower (WELL)You hardly think about this when you're younger. But as the earth continues to revolve around the sun, you get closer to the inevitability of old age. After enough complete revolutions, you're at a point where you may no longer physically take care of yourself.Handling the challenges in senior-living solutions is Welltower (NYSE:WELL). Welltower is a real-estate investment trust that focuses largely on senior-housing and assisted-living facilities. The company also specializes in memory-care communities, post-acute care facilities and medical-office properties.The need for Welltower's primary business is obvious. Currently, Baby Boomers represent the largest living generation in the U.S. A significant number of this demographic are already retirement age, and soon, the majority will enter their golden years. That substantially boosts prospects for WELL stock, especially if you have a long-term strategy.Moreover, I believe Welltower's structure as a REIT is an advantage in this sector. Direct plays like Brookdale Senior Living (NYSE:BKD) appear enticing at first. However, look deeper at the financials, and you'll likely discover a flawed opportunity. Welltower better absorbs sector risk by spreading it across multiple properties. Rosetta Stone (RST)I dare say that most Americans take for granted that English is the uncontested international language. Everything that we consume has an English translation. Whenever we go to a foreign country, we can expect at least someone to speak some English.We really don't think twice about this dynamic because of historical imperialism. Western values and culture are exported everywhere thanks to ubiquitous brands like Coca-Cola (NYSE:KO) and McDonald's (NYSE:MCD). But how long is this dynamic going to last? Even in our own nation, we're experiencing profound demographic shifts.Internationally, these changes are even more dramatic. Already, Chinese is the most spoken language in the world. Considering that China's population is roughly 1.4 billion, this fact will become further solidified.Here's the bottom line: Whether English remains the international standard, America cannot survive as a monoglot nation. That's where Rosetta Stone (NYSE:RST) comes in. As makers of language-education software, RST provides a critical solution to a growing need.RST has proven its worth in the markets, having jumped to a 35% lead. Still, it will require some patience moving forward. The company incurred poor sales and earnings performances in the era of Google Translate. * 7 March Madness Stocks to Consider for the Big Dance However, learning languages isn't about merely translating words, but the meaning behind the words. Foreign language is a vital art that computers can't yet properly duplicate. If Rosetta Stone can sell that message, RST has the chance to consistently surprise. Carvana (CVNA)The previous time I covered online car dealer Carvana (NYSE:CVNA) was as part of a gallery featuring up-and-coming publicly traded organizations. I also mentioned that I was in the market for a new ride. I'm still searching, which has led me to some additional thoughts about CVNA stock.First, car buying is a real pain in the behind. I spend endless hours looking for the right vehicle. If I find a few that meet my interests, I then have to physically go to the dealership. I haven't gotten around to this step because a) I'm lazy and b) I know I'm in for bitter negotiations.That, of course, is just my personal feelings on the matter … but I'm not the only one that feels this way. According to Time.com contributor Ian Salisbury:"It's long been a rite of passage -- if one that's universally bemoaned -- sitting at a car dealer's cluttered desk, dickering over the price of a new vehicle.But millennials -- used to purchasing everything from music to groceries to hotel stays online -- are starting to change that as a number of major care markers strike deals to sell cars at fixed list prices, according to a report in the Washington Post."This year, more millennials will be in America than members of any other generation. If millennials buy cars, they will increasingly choose the online route. Sorry, shady used-car dealers, but CVNA is about to eat your lunch. 51job (JOBS)Rooster's Lindsey Kline reported that millennials are giving corporate America the bird. But why do Kline and her fellow demographic partners feel so strongly about corporate employment? In her words, she prefers companies cut the BS, and instead provide "office kegs, pool tables, and air hockey." If today's employers can't get with the program, young workers will simply leave.Kline justifies this prideful attitude in that "Millennials are the most educated generation in history. We grew up in the midst of a digital era, and consequently, we're the only generation that doesn't have to adapt to new technologies."Some of you might find this thinking process arrogant, and I would agree. However, don't fight the tape: This is how the working environment works today. And this points to the reason why I'm long-term bullish on ShiftPixy (NASDAQ:PIXY), especially if the price is right. * 7 March Madness Stocks to Consider for the Big Dance However, this trend isn't exclusively an American one, which is why I'm putting 51job (NASDAQ:JOBS) on my long-term stocks to buy list. 51job is a next-generation employment recruiter and human-resources solutions provider for the young and tech-savvy. Better yet, it's a Chinese company that levers the advantages of a labor force that is over twice the size of the total U.S. population! That's a figure you simply can't ignore. Albemarle (ALB)A few years ago, Goldman Sachs boldly stated that lithium is the new gasoline. Most insiders, though, would probably say that the vaunted financial firm is merely profiting from the obvious. Companies like Tesla (NASDAQ:TSLA) have long proven that lithium is indeed the next-gen fuel source.But try telling that to the markets. Tesla stock is down nearly 13% over the past year, and the lone lithium-based exchange-traded fund, Global X Lithium ETF (NYSEARCA:LIT), is down sharply this past year. Fortunately, so too is domestic-lithium specialist Albemarle (NYSE:ALB).So what's causing this prolonged downfall? While lithium demand is higher, so too is supply. Indeed, as the lithium price soared, more producers wanted in on the action. As a result, Argentina, Australia and Chile have ramped-up production to the point where supply greatly exceeds demand. From Economics 101, you know where that situation leads.But like any commodity, the ebb-and-flow is difficult to predict. Sure, oversupply exists today. Tomorrow, that situation can change on a dime. Given that the broader technology industry points toward increased lithium usage, not less, my money is on ALB rising. Consider this lull in Albemarle shares as a discounted opportunity on one of the best long-term stocks to buy.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Reasons Kraft Heinz Stock Is a Contrarian Buy * 5 Housing Stocks to Buy for Renewed Homebuilder Confidence * 7 of the Best ETFs to Buy for a Rock-Solid Portfolio Compare Brokers The post The 7 Best Long-Term Stocks for 2019 And Beyond appeared first on InvestorPlace.
- Zacks•24 days ago
Carvana (CVNA) Surges: Stock Moves 7.3% Higher
Carvana (CVNA) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
- InvestorPlace•25 days ago
10 Best High-Growth Stocks for Young Investors
[Editor's note: This story was previously published in November 2018. It has since been updated and republished.] No investment strategy suits all the people all the time. This is particularly true for young investors in their 20's and 30's. Youth not only has social advantages; it can provide significant margin for your portfolio to grow. As such, high-growth stocks are ideal for the young-adult, millennial demographic.Talk to any financial advisor, and more often than not, they apply the Pareto principle for 20- or 30-somethings. Colloquially known as the 80-20 rule, advisors recommend that young investors have 80% of their portfolio in stocks, and the remainder in safer, interest-yielding assets. When it comes to millennial stock allocation, spring chickens should really consider high-growth stocks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 9 Best Stocks to Buy on U.S.-China Trade Optimism Time is money, and in many cases, time is more valuable. That's because time can "buy" you money, but never the opposite way around. In this case, a younger investor's additional working years can help mitigate investments that have gone awry. Moreover, extra time allows riskier investments to fully expand to their potential.But don't just look into risk-reward ratios for their own sake. Instead, as a young investor in his or her 20s or 30s, you should broaden your horizon. While I'm not against trading current trends, this is a perfect chance to advantage longer-term growth forecasts.With that in mind, here are the top 10 high-growth stocks for young investors. Amazon (AMZN)Source: Shutterstock Whenever discussions about high-growth stocks arise, Amazon (NASDAQ:AMZN) invariably makes most analysts' lists. What's not to like here? Not only does AMZN leverage an enviable track record in the markets, management continues to forge ahead into new frontiers. Amazon is a disruptor among disruptors.But sometimes, high-growth stocks are so obvious that it's not. We all know the adage that what goes up must come down. This applies to any investment, and AMZN is no exception, just look at its 4.2% drop in the past month.As I previously discussed, AMZN is on the verge of unprecedented greatness. Those of you who are in your 20's and 30's have some recollection of a time when e-commerce didn't overwhelmingly dominate the retail sector. But we're so close to a generation coming of age that has no clue about the prior brick-and-mortar hegemony.When Generation Z enters the workforce en masse, they will buy through Amazon and other e-commerce channels, no question. That's why you must consider AMZN stock. Carvana (CVNA)Source: Carvana Carvana (NYSE:CVNA) takes a brilliant concept and brings it into fruition. Generally speaking, millennials don't share the same love for the automobile as did prior generations. Part of the decline in interest is the haggling over the price that used to be a given when buying a new car.Enter Carvana. CVNA combines the tech wizardry that young people love with a centuries-old retail industry. Rather than negotiate with pushy or unsavory salespeople, buyers can instead browse cars online. When they find one they like, CVNA delivers their vehicle to their driveway. Plus, Carvana offers a money-back guarantee to soothe concerns about buying a car sight (almost) unseen. * 7 IPOs to Get Excited for in 2019 Considering that young people do nearly everything online, Carvana is likely the future of car buying. That's one reason to buy CVNA stock. The other? Margins. Once the company firmly establishes itself, it has the potential to earn serious bucks. That's because CVNA charges a premium for its convenient services.So far, though, customers are willing to pay it, and that trend will continue with Gen Z coming aboard. TriNet Group (TNET)Source: Shutterstock For those of you who have worked in Fortune 500 companies, you realize the intensity of large-scale organizations. In order to handle the needs of tens of thousands of workers, the biggest companies employ the best human-resources team. But what the needs of small and mid-sized businesses? That's where TriNet Group (NYSE:TNET) comes in.TNET provides full-service HR for companies that are still in their growth phase. Essentially an outsourced HR firm, TNET offers comprehensive services for smaller organizations, but without the massive overhead. Therefore, management can concentrate their resources on their expansion strategies.TNET stock also makes sense from an industry trend point of view. Experts predict that by the year 2020, an astounding half of the U.S. workforce could be comprised of freelancers. Additionally, small businesses that employ fewer than 100 workers are not only becoming more prominent, they're collectively hiring millions annually.This new digital economy will require HR services. As a result, you'll want to keep a close eye on TNET stock. Canopy Growth Corp (CGC)Source: Shutterstock The legal-marijuana industry generates significant controversy. However, one thing cannot be denied: high-growth stocks levered towards cannabis have been growing. One such name is Canopy Growth Corp (NYSE:CGC). Year-to-date, CGC shares are up over 53%.I'm digging CGC primarily because it's the most well-capitalized marijuana investment. Canopy sported a $10 billion-plus market cap, substantially higher than Aurora Cannabis' (NYSE:ACB) $6.2 billion. As InvestorPlace's own Bret Kenwell pointed out, that market cap rivals several well-known companies, including Macy's (NYSE:M) and Chipotle (NYSE:CMG).Ultimately, Kenwell advised to wait for a correction on CGC before jumping onboard, and that may now have happened. Either way, young investors must keep CGC on their short list. * 10 Blue-Chip Stocks to Lead the Market By the time millennials are looking at retirement, marijuana will have lost its Schedule I classification -- likely long before this point. History shows that the Prohibition era failed to curb Americans' desire for alcohol. History will eventually prove the same for cannabis.Indeed, as the Pew Research Center demonstrates, attitudes towards legalization have shifted positively. It's only a matter of time before the government listens to the will of the people. When that day comes, CGC will explode even higher. Square (SQ)Source: Via SquareSquare's (NYSE:SQ) appeal is immediately recognizable to anyone who observes business trends. As we discussed for TriNet Group, small businesses have grown rapidly since the Great Recession. Given the nature of technology in our lives, companies today value agility and specialization more than outright size.What makes SQ stock a compelling investment is that it evens the playing field for small businesses. Square provides portable credit-card readers that attach conveniently to your smartphone. That enables entities ranging from sole proprietors to small corporations to quickly setup a payment platform. * 9 High-Growth Stocks to Buy Now for Monster Returns Another factor driving SQ stock for the longer term? An increasing number of Americans are going cashless. According to a CNBC report late-last year, 50% of surveyed individuals reported they only carry cash half of the time they're out and about. Those that do carry cash usually hold $50 or less.Logically, this means we should see fewer cash-only businesses moving forward. And the types of businesses that would have once been cash only will likely gravitate towards Square's unique and convenient solution. Despite SQ stock pulling back from September highs and bottoming out at the end of December, it has added 25 percent this year and keeps moving up. Control4 (CTRL)Source: Shutterstock I first covered Control4 (NASDAQ:CTRL) in late July of this year. Since then, CTRL stock has jumped as much as 47% in the markets only to come tumbling down, giving back those gains and plenty more. But this just makes this a buy the dip opportunity. Like the other mentioned names, CTRL will likely gain on broader social trends, making it a strong pick for young investors.Control4 specializes in home-automation solutions, providing clients with interconnectivity benefits along with security. Given that anything can happen these days, people love the peace of mind of having an integrated smart-home system.But beyond the practicality that Control4's products and services provide, its target audience is extremely receptive to the company's offerings. Experts forecast that by the year 2020, home automation will become a $40 billion industry. Further, 47% of millennials own smart-home products. And 81% of prospective homebuyers are likely to select a home that has installed automation services. General Electric (GE)Source: Shutterstock General Electric (NYSE:GE) is a controversial pick for many reasons, but the biggest is this: for years, GE has become a negative-growth stock. Why on earth would I then include it among high-growth stocks?Admittedly, the idea isn't conventional and considering its history, GE stock is incredibly risky. The markets agree, selling it off by 55% last year alone. But recently it's been making a comeback and the opportunity is enticingly lucrative. That sentiment is doubly valid for young investors who have the extra margin to patiently wait out the current trouble. * 7 Healthy Dividend Stocks to Buy for Extra Stability The question everybody asks is if management can truly turn this sinking ship around. While speculative, I think GE has a legitimate chance. As I detailed a few weeks ago, most analysts are bearish on General Electric due to its lagging Power division. The fear is that renewable energy will overrun the company.I say, not so fast! While renewable energy "works," it's still economically inefficient and while this is being corrected, GE has time to adapt, whether that means growing its own renewable energy offerings or compensating for lost revenue in other areas.That's the ticket for GE stock. However, it will take time, which suits young investors perfectly. Voyager Therapeutics (VYGR)Source: Shutterstock As millions of families worldwide can attest, watching a loved one suffer from a neurological disease is a painful journey. It can also be agonizingly frustrating as a once proud and independent person succumbs to physical and mental ailments.Voyager Therapeutics (NASDAQ:VYGR) aims to put an end to this scourge, and I give them all my blessings. Utilizing a common, naturally occurring virus called adeno-associated virus (AAV) as a "treatment carrier," VYGR scientists propose to target diseased cells for repair. A significant advantage for using AAVs is their long lifespans. A single dose could potentially lead to lifelong benefits.The technology is very promising but VYGR is still relatively in the early phase. Naturally, Voyager's financials aren't the greatest, and its share price is volatile. However, if the company manages a breakthrough, we will witness a paradigm shift in how we approach ailments such as Parkinson's disease.Furthermore, gene therapy holds the key for solving a multitude of other diseases. VYGR is among a few high-growth stocks that could spark a medical revolution. Young investors should carefully watch this space. Kinross Gold (KGC)Source: Jeremy Vohwinkle via Flickr (Modified)Although regular readers probably know my work involving cryptocurrencies and cannabis, I'm also a believer in gold. At the risk of sounding like some 2 a.m. infomercial -- not that I know what those sound like -- a healthy portfolio should include some physical precious metals, or at least SPDR Gold Shares (NYSEARCA:GLD).But for those who want to take a little bit of risk, I'd look into Kinross Gold (NYSE:KGC). As with many other high-growth stocks in the gold sector, KGC has a shaky history. Primarily, Kinross made expensive acquisitions at or near the gold bubble earlier this decade. Investors subsequently punished KGC stock. * 10 Smart Money Stocks to Buy Now However, the industry buckled down into the new reality of deflated gold prices, and Kinross was no exception. But with shares taking a beating since August, I think the negativity is overplayed. For starters, KGC met its second-quarter 2018 earnings target and reiterated its year-long outlook. Moreover, the company has several mining projects that will go online over the next few years.It's not a perfect story, but young investors have the time to wait out KGC stock. Mitsubishi Heavy Industries (MHVYF)Source: Shutterstock I'm going to close my list of high-growth stocks with another contrarian play, Mitsubishi Heavy Industries (OTCMKTS:MHVYF) a core company of the Mitsubishi Group. With most Asian investments focusing on Chinese companies, it's easy to forget about Japan. However, I think this is a misstep that young investors should capitalize on, and MHVYF is ideal for this purpose.Let's pick the low-hanging fruit first. MHVYF is a renowned manufacturer of mining and industrial equipment. Although purely conjecture, Mitsubishi could play a significant role in Japan becoming a natural-resource exporter. According to CNBC, Japanese researchers found a "semi-infinite" amount of rare earth metals off Minamitorishima Island.Before you get too excited, the critical metals were discovered in the deep-sea bed, so currently, it's not economically feasible to extract them. However, where there's a will there's a way, and Mitsubishi could play a significant role. If so, this could launch MHVYF.Another trend working in Mitsubishi's favor is military conflict. With unpredictable North Korea mere miles away, Japan needs to beef up its defenses. I'm not talking about another war, but rather, a show of force to dissuade enemy attacks and provocations. Mitsubishi is one of Japan's major military contractors, and all geopolitical events point towards a rising MHVYF share price.As of this writing, Josh Enomoto is long gold bullion.Compare Brokers The post 10 Best High-Growth Stocks for Young Investors appeared first on InvestorPlace.
Motley Fool•25 days agoCarvana Co. (CVNA) Q4 2018 Earnings Conference Call Transcript
CVNA earnings call for the period ending December 31, 2018.
- American City Business Journals•25 days ago
Carvana execs tally big raises as company more than doubles revenue
The online car seller didn't quite hit analysts expectations and still had a sizeable loss, but the results were enough to garner big raises for the company's three top executives.
- Business Wire•25 days ago
Carvana Announces Fourth Quarter and Full Year 2018 Results
Fourth Quarter 2018
- ACCESSWIRE•25 days ago
Carvana Co. Class A to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 27, 2019 / Carvana Co. Class A (NYSE: CVNA ) will be discussing their earnings results in their 2018 Fourth Quarter Earnings to be held on February 27, 2019 at 5:30 ...
- Business Wire•26 days ago
Carvana Celebrates Bringing the New Way to Buy a Car to its 100th Market
Carvana (CVNA), a leading e-commerce platform for buying and selling used cars, strengthened its presence in the southeast today, now offering as-soon-as-next-day vehicle delivery to Hilton Head Island, S.C., Tuscaloosa, Ala., Athens, Ga., and the company’s 100th market, Savannah, Ga. In as little as 10 minutes, customers can shop more than 15,000 vehicles on Carvana.com, finance, purchase, trade-in, and now schedule as-soon-as-next-day delivery. Area customers can also sell their current vehicle to Carvana in minutes by entering their license plate online, receive a real offer, then schedule as-soon-as-next-day pickup of that vehicle. Additionally, all of Carvana’s 15,000+ vehicles come with a seven-day return policy, so the customer has the time to ensure the vehicle fits their life, giving them a great selection with great prices and a great customer experience.
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Cramer: Carvana has been on a hot streak and it's time to sell the stock
Jim Cramer explains why he thinks the used-car platform Carvana is running out of gas on the market.
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Carvana CEO Ernie Garcia: Building trust in the brand could be Tesla's key to selling cars online
Carvana CEO Ernie Garcia joins "Squawk Alley" to discuss Tesla's plan to sell cars exclusively online, the difficulty of selling cars on a digital platform and more.
