Carvana Co. Class A (CVNA)

146.53
NYSE
Prev Close 157.90
Day Low/High 139.65 / 159.95
52 Wk Low/High 130.25 / 376.83
Exchange NYSE
Shares Outstanding 172.79B
Market Cap 27.28B
P/E Ratio N/A
Div & Yield N.A. (N.A)

Latest News

From The Street of Dreams (Part Deux)

JP Morgan is neutral on and reduces its price target from $335 to $270 to reflect higher risk free interest rates and a rerating lower in peer multiples.  A summary:  "We continue to like CVNA's position in this industry, having been able to scale e...

Play With Fire? You Might Get Burned

Play With Fire? You Might Get Burned

Money-losing companies, even those who have potentially good prospects, are becoming less valuable on an absolute basis by the amount of their losses.

Covering Shorts

I have covered the following shorts this morning - , , , , , , , and . I also covered and shorts just now. And I have covered my short.

Carvana

I took in some of my short at $286.

Minding Mr. Market

The rally in the pull forward group of stocks seems decisively over and the recent deterioration in the share prices of this group of stocks may continue.  I was terribly early on this concept - I covered some of my favorites pull forward stocks lik...

We're Sticking With Our Carvana Strategy

We're Sticking With Our Carvana Strategy

Staying on the sidelines since early July has been prudent.

From The Street of Dreams

Wedbush upgrades Carvana with $360 target on 'strong upside' potential Wedbush analyst Seth Basham upgraded Carvana to Outperform from Neutral with a price target of $360, up from $350. "Strong upside" to near-term profitability from retail and fina...

Carvana Upgraded at Wedbush

3 Interesting Stock Setups Traders Should Watch

3 Interesting Stock Setups Traders Should Watch

So far, only one has triggered a buy entry.

Excellent Shorts

Some of our shorts are excellent today: , , , , , , , , , , , .

Adding to 7 Shorts

I have just added to the following shorts: , , , , , , .

Jim Grant on Carvana

For those that, like me, are short Carvana - read the latest in Grant's Interest Rate Observer, here. 

Short Moves

I am covering a portion of my positions in the following shorts now: , , , , , , , , , , , and .

Listing Some Shorts

Here is a partial list of my (non-Index) individual equity shorts: , , , , , , , , , , , , , , , , , , and .

Tracking Where to Jump Into 2 Auto Names and a Credit Card Giant

Tracking Where to Jump Into 2 Auto Names and a Credit Card Giant

Carvana, General Motors and Visa are the stocks in our sights as we focus on their charts.

CVNA Rolls Over

Carvana's shares seem to finally be "rolling over."

Downsizing Shorts

Sometimes discipline trumps an opinion.  And this is clearly the case over the last few weeks.  I have taken down the size in a number of shorts - as I am obviously on the wrong side of Ms Market.  This includes , , , , , , and .  All are small-size...

Adding to 5 Shorts

I am adding to shorts in , , , and .

Two Moves

Buying and shorting .

More Trades Today

* I have added to my short at $359.86. * I have added to my short (average today is now $446.55). * Added to my short at $150.40.

What Can We Learn From Insider Action? A Lot

What Can We Learn From Insider Action? A Lot

Let's look at this 'real money' indicator -- and the top 5 insider purchases by company -- amid the August action.

Covering CVNA

I covered some Carvana -$10 and plan to put out again on strength.

More CVNA and HOOD

Shorted more  as the inflation data indicates there might be a peak in used car prices.  And also added to my short as volume continues to evaporate.

Two Short Adds

I have added to my and shorts this morning.

Trading Around My Carvana Short

Friday was a whirlwind trip in Carvana .  I warned (and shorted more):  Aug 06, 2021 ' 08:30 AM EDT DOUG KASS Updating Carvana As expected, Carvana (CVNA) had a large top and bottom line beat to expectations. The shares have surged in the premarket,...

Updating Carvana

As expected, Carvana had a large top and bottom line beat to expectations.  The shares have surged in the premarket, and I added small to my position last night on the gap.  While I plan to keep this short small, CVNA benefited from unprecedented de...

DraftKings: It's About as Good Risking Money in the Casino

DraftKings: It's About as Good Risking Money in the Casino

Here's why only speculators should be betting on DKNG.

Calling An Audible on Autos

The more research I do, the more I come to the view that the automobile industry has also benefited from a pull forward of demand.  This is, like banks, a go-to sector for value investors - and has been readily embraced by many, to the point it may ...