Jim Cramer on Carvana: “The Stock Is Going Higher”

Group 1 - Carvana Co. (NYSE:CVNA) is experiencing strong performance, with retail units sold increasing by 41% year over year to 143,280 vehicles, marking the highest in company history [2] - Total revenue for Carvana increased by 42% to $4.84 billion, indicating robust financial growth [2] - Jim Cramer expressed a positive outlook on Carvana, stating that the stock is likely to go higher and endorsing the company's model led by Ernie Garcia [1] Group 2 - There is a perspective that while Carvana has potential, certain AI stocks may offer greater upside potential and carry less downside risk [3]