CVNA - Carvana Co.

NYSE - Nasdaq Real Time Price. Currency in USD
79.71
-3.38 (-4.07%)
As of 1:52PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close83.09
Open83.13
Bid80.03 x 1200
Ask80.10 x 1800
Day's Range79.68 - 83.38
52 Week Range28.44 - 83.77
Volume923,526
Avg. Volume1,663,373
Market Cap12.049B
Beta (3Y Monthly)2.36
PE Ratio (TTM)N/A
EPS (TTM)-2.51
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est72.47
Trade prices are not sourced from all markets
  • 3 Top Growth Stocks to Buy Right Now
    Motley Fool

    3 Top Growth Stocks to Buy Right Now

    These three companies are growing like weeds, and investors should take notice.

  • Business Wire

    Carvana to Present at Upcoming Investor Conference

    Carvana Co. , a leading e-commerce platform for buying and selling used cars, today announced that senior management will present to the investment community and host m

  • 10 Best High-Growth Stocks to Buy for Young Investors
    InvestorPlace

    10 Best High-Growth Stocks to Buy for Young Investors

    [Editor's note: This story was previously published in June 2019. 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 a 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 * 10 Cheap Dividend Stocks to Load Up On 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, the 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 take advantage of longer-term growth forecasts.With that in mind, here are the top 10 high-growth stocks to buy for young investors. Amazon (AMZN)Whenever discussions about high-growth stocks arise, Amazon (NASDAQ:AMZN) invariably makes most analysts' lists.Source: Shutterstock 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 they're not obvious. We all know the adage that what goes up must come down. This applies to any investment, and AMZN is no exception.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 ecommerce 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)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.Source: Carvana 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. * 10 Stocks Under $5 to Buy for Fall 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)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.Source: Shutterstock 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 its resources on its 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)The legal-marijuana industry generates significant controversy. However, one thing cannot be denied: high-growth stocks levered towards cannabis have been hot and a little more volatile than one might prefer. One such name is Canopy Growth Corp (NYSE:CGC).Source: Shutterstock Volatility aside, I'm digging CGC primarily because it's the most well-capitalized marijuana investment. Canopy sported a $14 billion-plus market cap, substantially higher than Aurora Cannabis' (NYSE:ACB) $7.7 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 shortlist. * 15 Growth Stocks to Buy for the Long Haul 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)Square's (NYSE:SQ) appeal is immediately recognizable to anyone who observes business trends.Source: Shutterstock 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. * 7 Safe Dividend Stocks for Investors to Buy Right Now 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's bumpy year, it still has added nearly 10% since January. Control4 (CTRL)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 and then rally again, climbing 45% in the past three months.Source: Shutterstock Like the other mentioned names, CTRL will likely gain on broader social trends, making it a strong pick for young investors and a potential high-growth stock.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)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?Source: JPstock / Shutterstock.com 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.The question everybody asks is if management can truly turn this sinking ship around. While speculative, I think GE has a legitimate chance. * 7 Stocks Under $7 to Invest in Now Analysts appear to be bearish on General Electric because of 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)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.Source: Shutterstock 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, and it will become a hig-growth stockFurthermore, 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)Although regular readers probably know my work involving cryptocurrencies and cannabis, I'm also a believer in gold.Source: Jeremy Vohwinkle via Flickr (Modified)At the risk of sounding like some 2 a.m. infomercial, 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. * 3 Monthly Dividend Stocks to Buy Today However, the shares have rebounded 21% over the last month as gold prices have increased to multi-year highs. And with the geopolitical and international trade outlook growing more uncertain, there's a good chance that gold prices will keep climbing for a long time.It's not a perfect story, but young investors have the time to wait out KGC, which looks poised to become a high-growth stock. Mitsubishi Heavy Industries (MHVYF)I'm going to close my list of high-growth stocks with a contrarian play, Mitsubishi Heavy Industries (OTCMKTS:MHVYF) a core company of the Mitsubishi Group. Source: Shutterstock With many 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. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Dow Jones Stocks to Buy for the Rest of 2019 * 5 Boring Stocks to Buy This Summer * 7 S&P 500 Stocks to Buy With Little Debt and Lots of Profits The post 10 Best High-Growth Stocks to Buy for Young Investors appeared first on InvestorPlace.

  • 3 Surprising Stocks Hitting New Highs Last Week
    Motley Fool

    3 Surprising Stocks Hitting New Highs Last Week

    Shake Shack, Carvana, and CoStar Group bucked last week's slide by notching 52-week highs.

  • Carvana proposes $35M facility, 300-plus jobs at Concord site
    American City Business Journals

    Carvana proposes $35M facility, 300-plus jobs at Concord site

    It appears that online used-car retailer Carvana has plans to open a warehouse in the Charlotte region at the former Philip Morris plant site, a move expected to come with hundreds of new jobs, upon incentives approval.

  • This week in L.A. funding news: Bird-owned scooters scoot out of poor neighborhoods in San Francisco
    American City Business Journals

    This week in L.A. funding news: Bird-owned scooters scoot out of poor neighborhoods in San Francisco

    Meanwhile, back in Los Angeles, Carvana unveils its first car vending machine in California, and RepairSmith launches at-home repair and maintenance service.

  • GuruFocus.com

    Carvana Co (CVNA) COO Benjamin E. Huston Sold $3.2 million of Shares

    COO of Carvana Co (30-Year Financial, Insider Trades) Benjamin E. Huston (insider trades) sold 40,000 shares of CVNA on 08/13/2019 at an average price of $80.06 a share. Continue reading...

  • Car Stock Has Plenty Left in the Tank
    Schaeffer's Investment Research

    Car Stock Has Plenty Left in the Tank

    Carvana stock has already added 139% in 2019

  • Carvana Debuts Los Angeles Car Vending Machine
    Business Wire

    Carvana Debuts Los Angeles Car Vending Machine

    Carvana (CVNA), a leading e-commerce platform for buying and selling used cars, unveiled its newest Car Vending Machine today, located in the Westminster area of Los Angeles. Customers that choose to pick up their vehicle at the Car Vending Machine are greeted by a Customer Advocate and receive a commemorative, oversized Carvana coin to activate the fully automated vending process, taking only minutes to complete the transaction compared to hours spent at the dealership. In as little as 10 minutes, customers can shop more than 15,000 vehicles on Carvana.com, finance, purchase, trade in, and schedule as-soon-as-next-day delivery or Car Vending Machine pickup of that vehicle.

  • Here's What Drove Carvana's Blockbuster Q2
    Motley Fool

    Here's What Drove Carvana's Blockbuster Q2

    Carvana's second quarter was impressive in many ways, but here's what drove the excellent quarter and what investors should watch down the road.

  • Carvana (NYSE:CVNA) Is Making Moderate Use Of Debt
    Simply Wall St.

    Carvana (NYSE:CVNA) Is Making Moderate Use Of Debt

    Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

  • Carvana Grows Southern California Reach, Bringing The New Way to Buy a Car to Oxnard
    Business Wire

    Carvana Grows Southern California Reach, Bringing The New Way to Buy a Car to Oxnard

    Carvana (CVNA), a leading e-commerce platform for buying and selling used cars, has launched as-soon-as-next-day vehicle delivery to Oxnard area residents, bringing even more Californians The New Way to Buy a Car. Customers can also sell their current vehicle to Carvana, even if they aren’t purchasing a vehicle, and receive a real offer in just minutes. All 15,000+ vehicles in Carvana’s inventory are photographed in 360 degrees to provide customers with a high-definition virtual tour.

  • Carvana (CVNA) in Focus: Stock Moves 7.8% Higher
    Zacks

    Carvana (CVNA) in Focus: Stock Moves 7.8% Higher

    Carvana (CVNA) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.

  • Motley Fool

    Why Roku, Carvana, and MercadoLibre Jumped Today

    Major benchmarks soared, and strong earnings lifted these stocks even higher.

  • Benzinga

    These Analysts Remain Carvana Bulls After Strong Q2

    Carvana Co (NYSE: CVNA ) reported Wednesday second-quarter results , which prompted two analysts to reaffirm a bullish stance on the online platform for consumers to buy and sell used cars. The Analyst ...

  • Another Explosive Quarter Drives Carvana Shares More Than 20% Higher Thursday Morning
    Motley Fool

    Another Explosive Quarter Drives Carvana Shares More Than 20% Higher Thursday Morning

    Carvana notched another quarter of triple-digit revenue growth and record gross profit per unit, topping analysts' estimates.

  • Dow Jones Futures: China Yuan Rate Fixing, Trade Deal Buoy Stock Market Rally Attempt
    Investor's Business Daily

    Dow Jones Futures: China Yuan Rate Fixing, Trade Deal Buoy Stock Market Rally Attempt

    Dow Jones futures: China's yuan rate was fixed weaker, but stronger than expected. China trade data eased growth fears. A stock market rally bid continues., but don't get too excited.

  • TheStreet.com

    [video]Carvana Stock Pops After Increase in Car Sales, Robust Revenue Forecast

    The company says it expects to sell between 167,500 and 172,000 cars in 2019, an increase of between 78% and 83% from 2018.

  • Carvana Co. (CVNA) Q2 2019 Earnings Call Transcript
    Motley Fool

    Carvana Co. (CVNA) Q2 2019 Earnings Call Transcript

    CVNA earnings call for the period ending June 30, 2019.

  • Carvana Co. (CVNA) Reports Q2 Loss, Tops Revenue Estimates
    Zacks

    Carvana Co. (CVNA) Reports Q2 Loss, Tops Revenue Estimates

    Carvana Co. (CVNA) delivered earnings and revenue surprises of -2.56% and 8.86%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • MarketWatch

    Carvana stock surges 15% after earnings, revenue top consensus estimates

    Carvana Co. shares shot up roughly 15% in the extended session Wednesday after the company reported narrower-than-expected losses and a revenue beat. The company reported a second-quarter net loss attributable to class A shareholders of $26.6 million, or 58 cents a share, compared with a net loss attributable to class A shareholders of $10 million, or 41 cents a share, in the year-ago period. Adjusted for an exchange of LLC units for class A stock, among other things, earnings were 40 cents a share. Revenue rose to $986.2 million from $475.3 million in the year-ago period. Analysts surveyed by FactSet had estimated adjusted losses of 43 cents a share on revenue of $921.2 million. For the third quarter, analysts model adjusted earnings of 42 cents a share on sales of $962 million. Carvana said it expects full-year 2019 sales of $3.6 billion to $3.7 billion, whereas analysts model full-year revenue of $3.67 billion. Carvana stock has gained 77% this year, as the S&P 500 index gained 15%.

  • Business Wire

    Carvana Announces Second Quarter 2019 Financial Results

    Retail Units Sold of 44,000 an increase of 95% YoY

  • Analysts Estimate Carvana Co. (CVNA) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Carvana Co. (CVNA) to Report a Decline in Earnings: What to Look Out for

    Carvana Co. (CVNA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Auto leasing startup Honcker rebrands as Rodo, makes upgrade
    American City Business Journals

    Auto leasing startup Honcker rebrands as Rodo, makes upgrade

    Auto leasing startup Rodo, previously known as Honcker, said it is exiting beta mode with new technology that improves vehicle pricing searches for customers.

  • Carvana Debuts 19th Car Vending Machine in the U.S.
    Business Wire

    Carvana Debuts 19th Car Vending Machine in the U.S.

    Carvana (CVNA), a leading e-commerce platform for buying and selling used cars, today unveiled its newest Car Vending Machine in Greensboro. In as little as 10 minutes, customers can shop more than 15,000 vehicles on Carvana.com, finance, purchase, trade in, and schedule as-soon-as-next-day Car Vending Machine pickup or home delivery of that vehicle. Customers who choose Car Vending Machine pickup are greeted by a Customer Advocate, receive a commemorative, oversized Carvana coin to activate the vending process, then watch as their vehicle descends the all-glass tower.