Is It Too Late to Buy Carvana Stock?
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
Carvana Co. Stock
€277.65
-10.970%
The stock is an absolute favorite of our community with 55 Buy predictions and no Sell predictions.
With a target price of 332 € there is a slightly positive potential of 19.58% for Carvana Co. compared to the current price of 277.65 €.
