2024-05-17 14:54:43 ET
Summary
- Recognizing Carvana Co.'s potential early on was a rewarding journey, but now I must move on.
- While Carvana's past performance has been impressive, concerns about its near-term prospects and operational challenges have led me to reassess my rating.
- Knowing when to exit is as crucial as knowing when to enter.
Investment Thesis
Carvana Co. ( CVNA ) is a deeply unpopular stock, but that hasn't stopped it from being a terrific investment....
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For further details see:
Carvana: Unshakable Bullishness? Adieu, Why I'm Done (Rating Downgrade)