Carvana Stock Is Up 200% in 2023: Is It a Screaming Buy Right Now?
Aggressive interest rate hikes by the Federal Reserve and other major central banks to help cool inflation that was at 40-year highs deserve some blame as they quickly shrunk valuation multiples for many stocks. Does this renewed optimism make Carvana a screaming buy right now? Carvana has been one of the top trending tickers on Reddit, the site that helped spur the meme-stock craze nearly two years ago.