Is It Too Late to Buy Carvana Stock?
Carvana (CVNA) The Motley Fool·2024-08-21 13:21
Is Carvana's stock too volatile to handle? Check out the innovative used car dealer's financial health and future prospects. The next time you look up "volatility" in a dictionary, you might be met by a Carvana (CVNA -1.01%) logo. I'm kidding, of course, but the car-buying, vending-machine operator really is a paragon of extreme volatility. The most erratic member of the S&P 500 (SNPINDEX: ^GSPC) market index (where Carvana doesn't have a seat) is oil and gas explorer APA Corporation with a beta value of 3. ...