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This stock is up big in 2023, but that doesn't make it a good buy.
Shares of Carvana (CVNA 8.79%) are up big in 2023, but the company is still in trouble. Losses are mounting and a recent refinancing just kicks the company's problems down the road. In this video, Travis Hoium covers why this is a stock to avoid.
*Stock prices used were end-of-day prices of Sept. 3, 2023. The video was published on Sept. 5, 2023.
Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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