We came across a bearish thesis on Carvana Co. on Nemonomics’s Substack by Nick Nemeth. In this article, we will summarize the bulls’ thesis on CVNA. Carvana Co.'s share was trading at $390.17 as of July 31st. CVNA’s trailing and forward P/E were 97.06 and 77.52, respectively according to Yahoo Finance.
[caption id="attachment_1199079" align="aligncenter" width="768"]Carvana (CVNA) has staged one of the market’s most dramatic comebacks, rebounding from near-bankruptcy in 2022 to a $45+ billion...
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