Carvana Co. (CVNA) Recent Headlines
Do Options Traders Know Something About Carvana (CVNA) Stock We Don't?
Investors need to pay close attention to Carvana (CVNA) stock based on the movements in the options market lately.
NEW YORK, Feb. 11, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Harry Boxer’s stocks to watch include maker of Botox competitor
Here are two stocks moving higher on news and two others showing weakening technical indicators. American Superconductor (AMSC) jumped 66 cents to $14.54 Thursday on 604,100 shares traded, or double the average volume.
Carvana (CVNA), a leading e-commerce platform for buying and selling used vehicles, has partnered with Bank of America to offer a streamlined digital car buying process. The Bank of America digital car shopping and financing platform will now add more than 15,000 Carvana vehicles to its existing inventory of both new and used vehicles available via dealers across the country. “We always want to give our customers an exceptional experience, whether they finance with Carvana or work with their own banks,” said Ernie Garcia, Carvana founder and CEO.
The Charts of Carvana Do Not Present a Compelling Case to Go Long
was mentioned during Jim Cramer's fast paced 'Lightning Round' as part of his Mad Money program Wednesday night. In this daily bar chart of CVNA, below, we can see a stock that is still in a downtrend. Trading volume has not expanded from the December nadir and the daily On-Balance-Volume (OBV) line is still in a decline from September telling us that sellers of CVNA are still acting more aggressive than buyers.
Carvana Rapidly Expands in the State of New York
Carvana (CVNA), a leading e-commerce platform for buying, financing and selling used cars, has launched in five New York markets, offering its as-soon-as-next-day vehicle delivery to Rochester, Buffalo, Syracuse, Binghamton and Albany area residents. Carvana customers can also sell their current vehicle to Carvana by simply entering their license plate online, and receive a real offer in minutes, then schedule as-soon-as-next-day pickup of that vehicle. Additionally, every Carvana vehicle is Carvana Certified, meaning it has no frame damage, has never been in a reported accident, and has undergone a rigorous 150-point inspection.
The 7 Best Long-Term Stocks for 2019 and Beyond
[Editor's note: This story was previously published in November 2018. It has been updated to reflect changes in the market.] If you're looking for consistent market success, the best thing you can do is to expand your time horizon. Chasing flavors of the week could profit you in the immediate frame, but too often, an unexpected event can derail your position. However, by picking ideas from the best long-term stocks, you improve your odds significantly. Primarily, a financially sound company's trading dynamics will replicate the law of averages. Nearer-term pressures and unfavorable news events can negatively impact the organization, but in the longer run, the fundamentals take over. In other words, time evens out the volatility. That's not the case for swing trades, where outliers can have a disproportionate effect. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Moreover, genuine long-term stocks usually have bullish arguments that extend beyond technical factors. A proven track record is a typically common attribute, as are other tailwinds, such as strong financial performances, or a robust, underlying industry. To better maximize these "patient" investments, investors should focus not just on corporate-growth prospects, but sector growth as well. In many cases, a rising tide lifts all boats, irrespective of individual performance. * 10 Hot Stocks to Buy Right Now To that end, I present my top seven stocks to buy for the long haul: Source: Shutterstock ### Wayfair (W) Some trends are significant but difficult to quantify. Others are patently obvious. A prime example is shifting consumer behavior toward e-commerce outlets. Put simply, online sales represent an increasing share of total retail sales. This undeniable fact has always led me to recommend a longer-term position in Amazon (NASDAQ:AMZN). I'm not backing away from that opinion. Amazon attracts all customers, but notably those in the middle-income bracket. It's also pushing into extremely lucrative markets like smart speakers. Its role in the economies of tomorrow is assured. But I don't want to keep talking about the same company over again … That's why I'm putting Wayfair (NYSE:W) front and center on my long-term stocks to buy list. Wayfair is an online retailer specializing in home goods such as furniture and decorative products. And business has been good, with W generating nearly 28% sales growth over the past three years. The tremendous momentum has sparked a rapid rise in W stock. Since its initial public offering, Wayfair shares have skyrocketed over 336%. The problem? Net income is negative, and losses have widened over the years. Coincidentally, that's always been Amazon's issue until a few years ago. So long as shareholders continue to see top-line growth, they appear willing to overlook the bottom line. Over time, Wayfair could end up becoming a smaller version of Amazon, which isn't a bad gig. ### FedEx (FDX) Being as diplomatic as possible, the Trump administration has been a mixed blessing for the economy. On one hand, Trump has reinvigorated domestic industries, with calls about putting American interests first. But on the other hand, he hasn't produced a great image abroad in the non-Russian part of the world. A sharp consequence of Trump's foreign policy is the ongoing tariff wars with China. With the Asian economic giant being an exporting power, international couriers like FedEx (NYSE:FDX) felt the heat. As an example, FedEx delivered great results for its fourth-quarter fiscal 2018 earnings report. Unfortunately, investors panicked on FDX stock due to shipment-slowdown fears. That's a shame because I strongly view FedEx as one of the best long-term stocks to buy. Outside of the tariff issue, the courier, along with rival United Parcel Service (NYSE:UPS), benefits from the aforementioned e-commerce trend. Consumers are no longer shopping in brick-and-mortar stores in the same volume like prior generations. The positive tailwind for both couriers is readily apparent. * 6 Monthly Dividend Stocks to Buy Critics may counter that Amazon is experimenting on their own delivery service. I've said it before, and I'll say it again: the impact is likely overstated. The economies of scale involved in trying to take down a FedEx or UPS is enormous. Besides, the e-commerce sector will balloon to a size big enough for all current competitors. Source: Shutterstock ### Welltower (WELL) You hardly think about this when you're younger. But as the earth continues to revolve around the sun, you get closer to the inevitability of old age. After enough complete revolutions, you're at a point where you may no longer physically take care of yourself. Handling the challenges in senior-living solutions is Welltower (NYSE:WELL). Welltower is a real-estate investment trust that focuses largely on senior-housing and assisted-living facilities. The company also specializes in memory-care communities, post-acute care facilities and medical-office properties. The need for Welltower's primary business is obvious. Currently, Baby Boomers represent the largest living generation in the U.S. A significant number of this demographic are already retirement age, and soon, the majority will enter their golden years. That substantially boosts prospects for WELL stock, especially if you have a long-term strategy. Moreover, I believe Welltower's structure as a REIT is an advantage in this sector. Direct plays like Brookdale Senior Living (NYSE:BKD) appear enticing at first. However, look deeper at the financials, and you'll likely discover a flawed opportunity. Welltower better absorbs sector risk by spreading it across multiple properties. Source: Wesley Fryer via Flickr ### Rosetta Stone (RST) I dare say that most Americans take for granted that English is the uncontested international language. Everything that we consume has an English translation. Whenever we go to a foreign country, we can expect at least someone to speak some English. We really don't think twice about this dynamic because of historical imperialism. Western values and culture are exported everywhere thanks to ubiquitous brands like Coca-Cola (NYSE:KO) and McDonald's (NYSE:MCD). But how long is this dynamic going to last? Even in our own nation, we're experiencing profound demographic shifts. Internationally, these changes are even more dramatic. Already, Chinese is the most spoken language in the world. Considering that China's population is roughly 1.4 billion, this fact will become further solidified. Here's the bottom line: Whether English remains the international standard, America cannot survive as a monoglot nation. That's where Rosetta Stone (NYSE:RST) comes in. As makers of language-education software, RST provides a critical solution to a growing need. RST has proven its worth in the markets, having jumped to a 35% lead. Still, it will require some patience moving forward. The company incurred poor sales and earnings performances in the era of Google Translate. * 3 Self-Driving Car Stocks to Buy for the Future of Transportation However, learning languages isn't about merely translating words, but the meaning behind the words. Foreign language is a vital art that computers can't yet properly duplicate. If Rosetta Stone can sell that message, RST has the chance to consistently surprise. Source: Carvana ### Carvana (CVNA) The last time I covered online car dealer Carvana (NYSE:CVNA) was as part of a gallery featuring up-and-coming publicly traded organizations. I also mentioned that I was in the market for a new ride. I'm still searching, which has led me to some additional thoughts about CVNA stock. First, car buying is a real pain in the behind. I spend endless hours looking for the right vehicle. If I find a few that meet my interests, I then have to physically go to the dealership. I haven't gotten around to this step because a) I'm lazy and b) I know I'm in for bitter negotiations. That, of course, is just my personal feelings on the matter … but I'm not the only one that feels this way. According to Time.com contributor Ian Salisbury: "It's long been a rite of passage -- if one that's universally bemoaned -- sitting at a car dealer's cluttered desk, dickering over the price of a new vehicle. But millennials -- used to purchasing everything from music to groceries to hotel stays online -- are starting to change that as a number of major care markers strike deals to sell cars at fixed list prices, according to a report Thursday in the Washington Post." This year, millennials will be the most populace living generation in America. If millennials buy cars, they will increasingly choose the online route. Sorry, shady used-car dealers, but CVNA is about to eat your lunch. Source: ***Karen via Flickr ### 51job (JOBS) Rooster's Lindsey Kline reported that millennials are giving corporate America the bird. But why do Kline and her fellow demographic partners feel so strongly about corporate employment? In her words, she prefers companies cut the BS, and instead provide "office kegs, pool tables, and air hockey." If today's employers can't get with the program, young workers will simply leave. Kline justifies this prideful attitude in that "Millennials are the most educated generation in history. We grew up in the midst of a digital era, and consequently, we're the only generation that doesn't have to adapt to new technologies." Some of you might find this thinking process arrogant, and I would agree. However, don't fight the tape: This is how the working environment works today. And this points to the reason why I'm long-term bullish on ShiftPixy (NASDAQ:PIXY), especially if the price is right. * 5 Top Stocks for a FOMO Rally However, this trend isn't exclusively an American one, which is why I'm putting 51job (NASDAQ:JOBS) on my long-term stocks to buy list. 51job is a next-generation employment recruiter and human-resources solutions provider for the young and tech-savvy. Better yet, it's a Chinese company that levers the advantages of a labor force that is over twice the size of the total U.S. population! That's a figure you simply can't ignore. Source: fdecomite via Flickr ### Albemarle (ALB) A few years ago, Goldman Sachs boldly stated that lithium is the new gasoline. Most insiders, though, would probably say that the vaunted financial firm is merely profiting from the obvious. Companies like Tesla (NASDAQ:TSLA) have long proven that lithium is indeed the next-gen fuel source. But try telling that to the markets. Tesla stock is down nearly 15% over the past year, and the lone lithium-based exchange-traded fund, Global X Lithium ETF (NYSEARCA:LIT), is down sharply this past year. Fortunately, so too is domestic-lithium specialist Albemarle (NYSE:ALB). So what's causing this prolonged downfall? While lithium demand is higher, so too is supply. Indeed, as the lithium price soared, more producers wanted in on the action. As a result, Argentina, Australia and Chile have ramped-up production to the point where supply greatly exceeds demand. From Economics 101, you know where that situation leads. But like any commodity, the ebb-and-flow is difficult to predict. Sure, oversupply exists today. Tomorrow, that situation can change on a dime. Given that the broader technology industry points toward increased lithium usage, not less, my money is on ALB rising. Consider this lull in Albemarle shares as a discounted opportunity on one of the best long-term stocks to buy. As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Semiconductor Stocks to Buy Now * 10 of the Best Stocks to Invest In for February * 5 Top Stocks for a FOMO Rally Compare Brokers The post The 7 Best Long-Term Stocks for 2019 and Beyond appeared first on InvestorPlace.
Carvana Co. , a leading e-commerce platform for buying, financing and selling used cars, today announced it will report its fourth quarter and fiscal year 2018 financial results for the period ended December 31, 2018, following the close of market on Wednesday, February 27, 2019.
3 Top Growth Stocks to Buy in January
Some shoes, a little virtual health, and a dash of online auto retail are on this month's list.
Today's Research Reports on Trending Tickers: Wayfair and Carvana
NEW YORK, NY / ACCESSWIRE / January 22, 2019 / U.S. markets closed up on Friday for the fourth consecutive session amidst optimism over the U.S.-China trade talk. The Dow Jones advanced 1.38 percent to ...
Carvana Co. (CVNA) Research Links
Carvana Co. (NYSE: CVNA) Stock Message Board
| 1 | 9% 3.3M C40.39 H41.13 looking strong. I can't | znewcar1 | 06/14/2018 8:33:59 PM |
