Carvana Co. (CVNA) Identified as a Top Stock by a Well-Known Investor

From Yahoo Finance: 2025-05-14 17:22:00

Well-known investor Josh Brown identified Carvana Co. (CVNA) as one of the best stocks on CNBC. The Manheim Index showed an increase in used vehicle prices, benefiting Carvana. The company reported strong first-quarter financial results, with revenue up 38% and bottom line soaring 6 times year-over-year.

Analysts expect CVNA’s earnings per share to jump to $4.80 this year, up from $3.15 in 2024. The stock has surged 40% in the last month and 9.5% in the last three months. While Carvana shows promise, some believe AI stocks offer greater potential for higher returns within a shorter timeframe.

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