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It depends on what it does to replace its pipeline of cars -- and how much it pays.
In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss Carvana's (CVNA 6.01%) turnaround and whether it's worth buying now. They also compare its valuation to competitor CarMax (KMX 0.87%).
*Stock prices used were from the afternoon of March 20, 2024. The video was published on March 21, 2024.
Jason Hall is a contributing Motley Fool stock market analyst with more than a decade of experience writing about dividend stocks and long-term investing. He has been with the company since 2012 and previously spent over 10 years in technical sales in the printing and information services industry. Jason also founded and operated a small food manufacturing business.
Jason Hall has no position in any of the stocks mentioned. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends CarMax. The Motley Fool has a disclosure policy. Jason Hall 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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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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