Carvana is an innovative online platform that revolutionizes the process of buying and selling used vehicles
The company allows customers to browse a vast selection of cars through its website, providing detailed descriptions and visual assets to facilitate informed purchasing decisions. Carvana also offers unique features like home delivery and the option to sell or trade vehicles seamlessly, eliminating the traditional hassles associated with dealerships. With a focus on enhancing the customer experience, Carvana leverages technology to streamline every step of the automotive retail process, aiming to make car buying more convenient and accessible for consumers.
Since March 2020, the S&P 500 has delivered a total return of 113%. But one standout stock has more than doubled the market - over the past five years, Carvana has surged 259% to $197.85 per share. Its momentum hasn’t stopped as it’s also gained 13.6% in the last six months thanks to its solid quarterly results, beating the S&P by 17.8%.
What has Wall Street been buzzing about this week? Here is a short look at the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the trading week of March 24-28, 2025.
Carvana's strategies are gaining traction and disrupting the used car market, while CarMax's established model helps maintain its competitive position.
Morgan Stanley analyst Adam Jonas upgraded Carvana from Equal-Weight to Overweight and raised the price target from $260 to $280 following a sharp pullback in shares.
Shares of online used car dealer Carvana (NYSE: CVNA)
jumped 6.3% in the pre-market session after Morgan Stanley analysts upgraded the stock's rating from Neutral to Buy. The analysts noted that the stock's recent pullback represented a "unique opportunity to build a position."
The best-performing stocks typically have robust sales growth, increasing margins, and rising returns on capital,
and those that can maintain this trifecta year in and year out often become the legends of the investing world.
Shares of online used car dealer Carvana (NYSE: CVNA)
jumped 9.6% in the morning session after Piper Sandler analysts upgraded the stock from Neutral to Buy, suggesting that the company's reduced valuation presented a buying opportunity. The analysts added "We would use the recent sell-off to accumulate CVNA shares."
