Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Carvana Co. (CVNA): A Bear Case Theory 

We came across a bearish thesis on Carvana Co. on The Small Cap Strategist’s Substack by Strategist, Legal Special Situations, and Architect. In this article, we will summarize the bulls’ thesis on CVNA. Carvana Co.'s share price was $374.50 as of November 28th. CVNA’s trailing and forward P/E were 85.11 and 57.47 respectively according to Yahoo Finance.

[caption id="attachment_403605" align="aligncenter" width="750"] Photographee.eu/Shutterstock.com[/caption]

Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in...