Carvana Inventory Can Strike $200: Portfolio Manager

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Target price: $200.00

Present cost: $83.53

Timeframe: 2-5 years

Investment Thesis

  • The U.S. Car industry is extremely big, extremely fragmented, and due for interruption.
  • Carvana (CVNA) developed a vertically incorporated, online platform for purchasing and selling vehicles that delivers an even more seamless client experience, vast automobile selection, and reduced rates.
  • The CEO is business creator, and there’s significant inside ownership. [Read more...]