Carvana (US:CVNA) ZACKS·2025-07-08 17:00Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1] Group 1: Company Overview - Carvana (CVNA) currently holds a Momentum Style Score of B, indicating a positive momentum characteristic [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Group 2: Price Performance - Over the past week, CVNA shares increased by 9.11%, outperforming the Zacks Internet - Commerce industry, which rose by 1.42% [5] - In a longer timeframe, CVNA shares have risen by 74.53% over the past three months and 192.12% over the last year, significantly outperforming the S&P 500's gains of 23.56% and 13.28%, respectively [6] Group 3: Trading Volume - The average 20-day trading volume for CVNA is 3,378,263 shares, which serves as a bullish indicator when combined with rising stock prices [7] Group 4: Earnings Outlook - In the last two months, four earnings estimates for CVNA have been revised upwards, increasing the consensus estimate from $4.48 to $4.99 [9] - For the next fiscal year, five estimates have moved higher while one has been revised downwards, indicating a generally positive earnings outlook [9] Group 5: Conclusion - Given the positive momentum indicators and earnings outlook, CVNA is positioned as a promising stock for near-term investment [11]