Carvana Co. (NYSE:CVNA) is highlighted as one of the best stocks to buy for the next 5 years. Citi raised Carvana’s price target to $550 from $445, citing strong growth in November sales at 37%. Jefferies also raised the price target to $550, cautioning on heavy investments in new technologies.

Morgan Stanley analyst Andrew Percoco initiated coverage on Carvana with an Overweight rating and $450 price target. The firm warned about the enduring EV winter through 2026, leading to a more cautious stance on pure-play EV manufacturers. They remain positive on companies focused on internal combustion engines and hybrids.

Carvana Co. (NYSE:CVNA) operates an e-commerce platform for buying and selling used cars in the US. While CVNA shows investment potential, some AI stocks offer greater upside potential with less downside risk. For more information on undervalued AI stocks, check out the free report on the best short-term AI stock.

Read more at Yahoo Finance: Citi Boosts Carvana (CVNA) Outlook as November Sales Surge Hits 37% Growth