Why Carvana (CVNA) is a Top Growth Stock for the Long-Term

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum, helping investors identify securities with high potential for market outperformance [2][3] Company Overview - Carvana Co. is a leading e-commerce platform for buying and selling used cars, with significant revenue growth, increasing approximately 16-fold from 2017 to 2024 [11] - The company has transformed traditional used-car sales through its comprehensive online business model, which includes sales, financing, logistics, and software development [11] Investment Ratings - Carvana holds a Zacks Rank of 2 (Buy) and a VGM Score of B, indicating strong potential for growth investors [12] - The company is forecasted to achieve year-over-year earnings growth of 118.9% for the current fiscal year, with upward revisions from six analysts in the last 60 days [12] - The Zacks Consensus Estimate for Carvana's earnings has increased by $0.51 to$3.48 per share, with an average earnings surprise of 119.2% [12][13]