However, the industry remains about 20% below pre-COVID levels, suggesting room for further normalization and potential growth opportunities for well-positioned players like Carvana.

Carvana Co. (NYSE:CVNA) ranks among the 20 best fast growth stocks to invest in. On July 7, Nicholas Jones, an analyst at ...

Morgan Stanley analyst Adam Jonas upgraded Carvana from Equal-Weight to Overweight and raised the price target from $260 to $280 following a sharp pullback in shares.

Carvana is currently the second-largest used car retailer in the United States. Its end-to-end online business model is more asset light compared to traditional used-car retailers like CarMax.

The company maintains its long-term goal of selling 3 million units annually with a 13.5% EBITDA margin, seeing substantial growth potential in the evolving online auto retail market.

As Carvana continues optimizing operations and scaling its platform, its growth story remains compelling, making it a prudent investment choice.

CNBC's Jim Cramer on Tuesday described why he likes online used car dealer Carvana, telling investors they can start a small ...

Carvana has significant growth potential, with its current market share of only 1% in the used car sales industry, which facilitates approximately 40 million transactions annually.

This unique approach has allowed Carvana to differentiate itself from traditional dealerships and capture a growing share of the $1 trillion used vehicle market. Want deeper insights into Carvana's ...