Carvana: Buy The Earnings Drop (Upgrade)

Core Insights - Carvana has emerged as one of the best turnaround stories in the used car retail sector, previously facing bankruptcy risks but now recognized as a top-performing stock in recent years [1]. Company Summary - Carvana, a used car retailer, has significantly improved its market position and stock performance, showcasing a remarkable recovery from its earlier struggles [1]. Industry Context - The used car retail industry has seen notable transformations, with companies like Carvana leading the way in adapting to market challenges and consumer demands [1].