Carvana Co. (CVNA): A Bull Case Theory

We came across a bullish thesis on Carvana Co. (CVNA) on Investing City’s Substack. In this article, we will summarize the bulls’ thesis on CVNA. Carvana Co. (CVNA)'s share was trading at $320.31 as of 28^th May. CVNA’s trailing P/E was 111.61 according to Yahoo Finance.

[caption id="attachment_1197814" align="aligncenter" width="768"] A busy car auction being held at a leading car dealership, buyers and sellers engaging in active bidding.[/caption]

Carvana operates as a vertically integrated e-commerce platform for buying and selling used vehicles, leveraging a...