Is It Finally Time to Buy Carvana?
CVNACarvana (CVNA) The Motley Fool·2024-05-13 16:03

Carvana has distanced itself from its bankruptcy scare, but is it finally time to buy the used car retailer? It's almost difficult to believe the roller coaster story that is Carvana (CVNA -2.83%). It went on the wildest of rides during the COVID-19 pandemic and soared beyond any measure investors would have thought possible, only to crash to near bankruptcy. But the company survived, and began working to tighten up its operations and focus on profitability. So is it finally a stable enough stock to buy now ...