Jim Cramer Says “Carvana Will Blow the Doors off When It Reports”

Core Insights - Carvana Co. (NYSE:CVNA) is highlighted as a stock with significant potential, particularly due to its heavily shorted status and upcoming earnings report [1] - The stock has more than doubled since its low in April, attributed to factors such as tariffs on imported autos increasing the value of used cars [1] - Carvana reported strong earnings, exceeding expectations for both revenue and profit, which contributed to a 17% increase in stock price following the announcement [1] Company Overview - Carvana operates an online platform for buying and selling used cars and also manages auction sites [1] - The company has been recommended as a strong investment for over two years, with consistent performance noted by analysts [1] Market Context - The stock's performance is influenced by external factors such as President Trump's tariffs on imported vehicles, which have made used cars more valuable [1] - Despite the positive outlook for Carvana, there are suggestions that certain AI stocks may present greater upside potential with less risk [1]