5 Best Stocks Under $100 to Invest In Now

2. Carvana Co. (NYSE:CVNA)

Market Price: $77.94

Number of Hedge Fund Holders: 100

Carvana Co. (NYSE:CVNA) is one of the Best Stocks Under $100 to Invest In Now. On April 29, the company released financial results for Q1 2026, with Carvana Co. (NYSE:CVNA) delivering its 6^th consecutive quarter of 40% or greater YoY retail unit growth. In Q1 2026, the company sold 187,393 retail units, reflecting 40% YoY growth, for total revenue of $6.432 billion, up by 52% YoY.

Carvana Co. (NYSE:CVNA)’s revenue amounted to $6.432 billion, reflecting an increase of 52%. The revenue growth surpassed the retail units sold growth mainly because of traditional gross revenue treatment for some of the vehicles acquired from the large retail marketplace partner.

Carvana Co. (NYSE:CVNA)’s non-GAAP retail GPU fell by $58, mainly because of increased non-vehicle costs and reduced shipping fees. However, in Q2 2026, the company expects retail GPU to witness a rise on a sequential basis, but to decrease YoY because of ~$100 of benefits last year that were tariff-related, lower shipping fees, and increased non-vehicle costs this year, as well as ~$100 to $200 of impact from narrower industry-wide wholesale to retail spreads this year.

Carvana Co. (NYSE:CVNA) is engaged in operating an e-commerce platform for buying and selling used cars.