From Yahoo Finance: 2025-05-30 00:46:00

Carvana Co. (CVNA) saw a bullish thesis on Investing City’s Substack, trading at $320.31 on 28th May with a trailing P/E of 111.61. Copart Inc. (CPRT) crashed on Friday due to a busy car auction at a leading dealership.

Carvana operates as a vertically integrated e-commerce platform for buying and selling used vehicles, leveraging a direct-to-consumer model. It controls the customer experience, cost structure, and vehicle quality through its unique business model and financing capabilities.

Despite facing risks from rising interest rates and used car price volatility, Carvana’s asset-light model and data-driven pricing create barriers to entry. With an experienced founder-led team, the company is positioned as a potential long-term winner in the evolving used car retail landscape.

Previously covered in January 2025, Carvana Co. (CVNA) has seen a 57.51% increase in stock value as of 28th May. While 17 hedge fund portfolios held CVNA at the end of the first quarter, it is not on the list of the 30 Most Popular Stocks Among Hedge Funds. Consider exploring other AI stocks for potential higher returns.

Read more: Carvana Co. (CVNA): A Bull Case Theory