Here's Why Carvana (CVNA) is a Strong Growth Stock

Company Overview - Carvana Co. is a leading e-commerce platform for buying and selling used cars, headquartered in Phoenix, AZ [11] - The company has experienced significant growth, with revenues increasing approximately 16-fold from 2017 to 2024 [11] Financial Performance - Carvana is currently rated 2 (Buy) on the Zacks Rank, indicating a positive outlook [12] - The company has a VGM Score of B, suggesting a favorable combination of value, growth, and momentum [12] - Forecasted year-over-year earnings growth for the current fiscal year is 166% [12] - The Zacks Consensus Estimate for fiscal 2025 has increased by $0.86 to$4.23 per share [12] - Carvana has an average earnings surprise of 137.6%, indicating strong performance relative to expectations [12] Investment Potential - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Carvana is positioned as a strong candidate for growth investors [13]