Carvana Co. (CVNA) named one of the best high-growth NYSE stocks by Citizens JMP analyst with a price target of $460.00. Jim Cramer believes Amazon Autos launch is not a threat to Carvana’s digital auto retail business. Carvana reassures Amazon is not a near-term threat due to lack of dealer support. Headquarters in Tempe, AZ, Carvana is an e-commerce platform for buying and selling used cars. While CVNA is seen as a good investment, some believe other AI stocks offer greater upside potential and less downside risk. Check out insidermonkey.com for more stock insights.
Read more at Yahoo Finance: Citizens JMP Reiterates a Buy Rating on Carvana Co. (CVNA) With a $460 PT
