Carvana Co. Class A (CVNA)

281.69
NYSE
Prev Close 270.09
Day Low/High 269.24 / 285.96
52 Wk Low/High 68.97 / 323.39
Exchange NYSE
Shares Outstanding 172.26B
Market Cap 46.53B
Div & Yield N.A. (N.A)

New Buy (and Short) Levels

* My revised levels I don't want there to be any ambiguity about the size of my positions, or about my buy and short levels, as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." -- Walter Deemer "When th...

Best Ideas

I am putting both Zoom and Carvana on my Best Ideas List (short) this morning.  

Upping CVNA

I am taking my Carvana short up to large-sized in pre-market trading.    

From the Street of Dreams

Piper Sandler is saying that Carvana is at risk of missing second half 2020 consensus estimates.  I recently raised this short position to medium-sized.    

Medium-Sized Shorts

On this morning's strength I have moved to medium-sized in the following shorts: Zoom , Carvana , Apple , Netflix , and Facebook .

My Short Book Grows Incrementally

* Apple, Facebook and Netflix are new short names  In case you missed it - I put on three new shorts on Friday afternoon.   Apple , Netflix and Facebook are the new names.  This makes six individual stock shorts -- , and are the others.

GM/CVNA

I continue to like the long/ short pairs trade. It is working.  

My Short Book

* I am short three stocks, all small-sized  Away from my Index shorts, I am short three individual equities - Tesla , Zoom and Carvana .  Each position is small sized - which I define as less than 1% of my portfolios. (See my Weightings profile, her...

Jim Cramer: There's Always a Bull Market Somewhere

Jim Cramer: There's Always a Bull Market Somewhere

Let's check out both the stocks that are going strong -- even without a stimulus -- and what I call the nascent bull markets.

Shorts

Shorting more and now.

Jim Cramer: Here's Why the President Is Gambling With Stimulus

Jim Cramer: Here's Why the President Is Gambling With Stimulus

The market is reflecting a triumph of big business over small business, and here's what that means for individual stocks.

Latest Moves

I am out of  - I have no Index longs left - and I have increased the size of my Tesla , Zoom and Carvana shorts.    

CVNA Reversal

Carvana , a new short, has reversed by -$11/share from the day's high.  It is part of a pairs trade with long.

You Can't Even Fill a Parking Lot With My Shorts

My only three shorts include Carvana , Tesla , and Zoom .  

Putting on a New Pairs Trade

I am already long a large position in General Motors .  I am now putting on a "pairs trade" (on top of that long holding) of Long General Motors/Short Carvana .  More later in the week. For now check out Paul Price's column today.

What Were Those Analysts Smoking?

What Were Those Analysts Smoking?

Just as we saw with pot stocks, if you play shares strictly because they're going up, you're likely to get burnt.

Jim Cramer: Does Everyone Out There Perceive That Everything Is a Win?

Jim Cramer: Does Everyone Out There Perceive That Everything Is a Win?

It's remarkable to see such excitement based on totally contradictory theories and themes.

Let's 'Shift' Away From the Bumpy SPAC Action and Turn to INSU

Let's 'Shift' Away From the Bumpy SPAC Action and Turn to INSU

I don't see volatility issues for Insurance Acquisition Corp., which is set to vote on its merger with Shift in mid-October.

A Tale of Two Markets

A Tale of Two Markets

So, is this a good time, or a bad time to buy stocks? Yes, and yes.

Jim Cramer: Predict the Country's Future Now? Look at What We've Read and Seen

Jim Cramer: Predict the Country's Future Now? Look at What We've Read and Seen

The visible stories are almost all positive. The negative stories are almost all hidden at least when it comes to the stock market.

Carvana Raised to Buy at Goldman

Insurance Acquisition Is Breaking Out to the Upside

Insurance Acquisition Is Breaking Out to the Upside

If you're looking for something that could work outside of the bigger influences over the next few weeks, INSU could be it.

You Can Get Hurt Falling From High Places

You Can Get Hurt Falling From High Places

Beware of high-flying stocks and instead opt for these 'grounded' ones.

Carvana Rated New Hold at Stifel

If You Want to Know Where We Are in the Market...

Carvana has suspended the 2020 guidance as it expects the pandemic's crippling impact to strain its operations in the days to come. Carvana missed revenue guidance and the stock was down $8 pre-market.  It is now up over $30 to an all time new high....

Many Tech Firms Are Eager to Raise Cash -- Even When They Don't Really Need To

Many Tech Firms Are Eager to Raise Cash -- Even When They Don't Really Need To

A long list of tech companies have taken advantage of favorable credit and/or equity markets in recent weeks.

Carvana Could Rally Further but a Longer Sideways Trend Is More Likely

Carvana Could Rally Further but a Longer Sideways Trend Is More Likely

I believe the macro headwinds of rising unemployment will dampen buyers enthusiasm for the stock.

Carvana May Extend Its Strong Rally to the Round Number of $100

Carvana May Extend Its Strong Rally to the Round Number of $100

Charts that look at a longer time frame offer bullish signals for the shares of the online car retailer.

7 Ways to Drive to Profits in the Used Car Market

7 Ways to Drive to Profits in the Used Car Market

From auto parts to car auctions and online sales, these stocks could put more pep in your portfolio.

A Large Outside Week and Lower Close Could Spell Further Weakness for Carvana

A Large Outside Week and Lower Close Could Spell Further Weakness for Carvana

The stock has had a good run, but some recent chart developments are worth pointing out.