2023-09-23 06:55:00 ET
One of the best-performing stocks in 2023 has been struggling used car marketplace Carvana (NYSE: CVNA) . Its shares are up nearly 800% as of this writing, crushing the gains of the broad market indices.
After a tumultuous year for Carvana in 2022, investors have quickly bid the stock up, but it still remains 88% off its peak price.
Even though this speculative company is benefiting from strong investor momentum, it's still my top growth stock to avoid in 2023. Here are three reasons why.
For further details see:
Here's My Top Growth Stock to Avoid in 2023