10 High Growth NYSE Stocks That Are Profitable

6. Carvana Co. (NYSE:CVNA)

5-Year Revenue Growth Rate: 29.81%

TTM Net Income: $563 million

Number of Hedge Fund Holders: 91

Carvana Co. (NYSE:CVNA) is one of the best high growth NYSE stocks that are profitable. In a report released on August 25, Andrew Boone from Citizens JMP reiterated a Buy rating on Carvana Co. (NYSE:CVNA), with a price target of $460.00.

The firm does not consider the launch of Amazon Autos to be a threat to digital auto retailers like Carvana Co. (NYSE:CVNA).

It stated that Amazon is not a near-term threat to its automotive coverage, contending that Amazon is not supporting dealers with any training, “creating a disjointed experience for customers.”

Headquartered in Tempe, AZ, Carvana Co. (NYSE:CVNA) is an e-commerce platform and a holding company involved in the buying and selling of used cars.