Previewing Carvana (CVNA) Earnings, Inventories Increased About 75%

Carvana (CVNA) reports earnings Thursday Feb. 24 after market close. CFRA'S Garrett Nelson has a buy rating and price target of $210 on Carvana. He describes Carvana as a disruptor among auto dealerships. Kevin Green of Charles Schwab points out Carvana's revenue and bottom line growth. He says the support level is about $110 on the chart of Carvana. They also discuss the EV industry. Garrett says they have buys on Tesla (TSLA), Rivian (RIVN) and Ford Motor (F).

Trading 360

24 Feb 2022

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