Carvana's Comeback: Structural Growth, S&P 500 Inclusion, But Pricey Valuation (NYSE:CVNA)

Core Insights - Carvana (CVNA) has experienced a dramatic increase of over 12,000% from its lows in December 2022, rising from $3.56 to $450, indicating a significant turnaround from near bankruptcy to inclusion in the S&P 500 [1] Group 1 - The company has shown remarkable recovery and growth, marking one of the most notable turnarounds in recent financial history [1] - The increase in Carvana's stock price reflects a broader trend in thematic investing and crisis investing strategies [1] - The company is now part of the S&P 500, highlighting its improved financial standing and market perception [1]