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Is It Too Late to Buy Carvana Stock?

TheMotleyFool

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The next time you look up "volatility" in a dictionary, you might be met by a (NYSE: CVNA) logo.

I'm kidding, of course, but the car-buying, vending-machine operator really is a paragon of extreme volatility.

The most erratic member of the S 500 (SNPINDEX: ^GSPC) market index (where Carvana doesn't have a seat) is oil and gas explorer APA Corporation with a beta value of 3.26. The next four names on that list of highly unpredictable stocks are casinos and cruise lines. Carvana has them all beat with a 3.43 beta.

Source Fool.com