CNBC's Jim Cramer on Tuesday described why he likes online used car dealer Carvana, telling investors they can start a small position and wait for a pullback to buy more."I like Carvana for the long-haul because I'm a true believer, but that doesn't mean the stock will charge endlessly higher without taking some detours," he said. "In fact, I hope it gives you a big pullback, because that will let you get back into the stock at a very nice discount."Cramer said the stock "tends to be a real wild trader," bu ...

The meme-stock frenzy is seemingly making a comeback in 2025 as investors once again chase unprofitable companies for their latest bets.To this end, according to data from Bespoke Investment Group, 10 of the 14 Russell 3000 stocks that have tripled since the April 8 market bottom are unprofitable. By late June, the index’s 858 money-losing stocks had gained an average of 36%, beating their profitable peers.Meanwhile, while technology giants like Nvidia (NASDAQ: NVDA) and the S&P 500 have climbed steadily, n ...

PRESS RELEASE Arcueil, July 7, 2025 Aramis Group updates its growth objectives for fiscal year 2025Contained impact on profitability Following strong growth in H1 2025, Aramis Group continues to gain market share but anticipates lower growth than expected in the second half of fiscal year 2025, due to: a significant slowdown in the market environment since early April, marked by economic uncertainty affecting the entire European automotive sector;deliberate choices in certain countries to prioritize unit p ...

PRESS RELEASE Arcueil, June 13, 2025 2025 half-year financial report release Aramis Group today announces that the company has filed its 2025 half-year financial report, ended March 31, 2025, with the French Financial Markets Authority (Autorité des marchés financiers). Aramis Group 2025 half-year financial report is available on the Company’s website www.aramis.group under “Investors / Regulated information”. *** About Aramis Group – www.aramis.group Aramis Group is the European leader for B2C online used ...

Core Insights - Uber Technologies is thriving due to the increasing costs and hassles associated with car ownership, while Carvana offers an affordable alternative for owning a vehicle [1][2] - Despite both companies showing growth, Uber is positioned to benefit from a long-term trend away from car ownership, while Carvana's growth may be more cyclical [10][18] Company Comparisons - Uber controls approximately 75% of the U.S. ride-hailing market and reported $44 billion in revenue for the last year, with an 18% year-over-year growth [3][4] - Carvana reported $13.7 billion in revenue for 2024, reflecting a 27% year-over-year increase, and achieved a net income of $404 million [5][6] - Uber's revenue growth is expected to continue, while Carvana's performance may be influenced by cyclical trends in the used car market [8][18] Market Trends - A Deloitte survey indicates that 44% of U.S. residents under 35 are considering giving up car ownership, highlighting a shift in consumer behavior [10] - The global ride-hailing market is projected to grow at an average annual rate of over 11% through 2033, benefiting Uber [11] - The food delivery industry is also expected to grow at an annualized pace of 17%, presenting additional opportunities for Uber [12] Financial Performance - Carvana's stock has increased by over 200% in the past year, while Uber's shares have not shown significant progress since March of the previous year [7] - Carvana's shares are currently trading 14% above analysts' consensus price, whereas Uber's stock is 16% below the average price target of $97.39 [19] Challenges and Opportunities - Carvana faces challenges due to a lack of inventory in the used car market, which may impact its ability to meet consumer demand [15] - Uber benefits from urban congestion and high car prices, which are likely to sustain demand for ride-hailing services [18] - Carvana's growth potential is limited as it currently accounts for only about 1% of the used car market [16]

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Carvana (CVNA) : This company which is a leading e-commerce platform for buying and selling used cars, has seen the Zacks Consensus Estimate for its current year earnings increasing 33.3% over the last 60 day.PCB Bancorp (PCB) : This bank holding company which offers savings accounts, debit and credit cards, personal and business loans, cash management, certificate of deposits, online banking, mortgages, wealth management and e-statemen ...