Best High-Risk, High-Return Stock to Buy Now: Carvana vs. DraftKings vs. Skillz

By Parkev Tatevosian, CFA – Feb 28, 2023 at 9:00AM

NYSE: CVNA

Carvana

Market Cap

$8B

Today's Change

(2.86%) $1.98

Current Price

$71.14

Price as of April 18, 2024, 10:25 a.m. ET

These stocks should be considered only by investors with a high risk tolerance.

Carvana (CVNA 2.86%), DraftKings (DKNG 0.28%), and Skillz (SKLZ 1.00%) are all risky investments right now. Each of these three growth stocks is losing money on the bottom line, with little chance of turning that around any time soon. Regardless, if you were looking for a risky investment with the potential to deliver big gains, this video will highlight which one of these three growth stocks is the best one to buy now.

*Stock prices used were the afternoon prices of Feb. 25, 2023. The video was published on Feb. 26, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Skillz. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.