Carvana Co. (NYSE:CVNA) reached a new 52-week high after strong Q2 earnings boosted by US tariffs on automobiles. Net income surged 542% to $308 million, with total revenues up 42% to $4.84 billion. The company sold 143,280 units, a 41% increase from last year.

Despite positive Q2 results, Carvana Co. (NYSE:CVNA) offered a conservative outlook for the rest of the year. The company expects a sequential increase in retail units sold in the coming months, targeting adjusted EBITDA of $2 to 2.2 billion for full-year 2025.

Investors are optimistic about Carvana Co. (NYSE:CVNA) but some believe AI stocks offer higher potential returns with limited risk. A free report highlights an AI stock benefiting from Trump tariffs and onshoring, suggesting it may be a better investment option than Carvana.

Read more at Yahoo Finance: Carvana Touches New High on Q2 Earnings Boosted by Auto Tariffs