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Carvana is one of the most popular momentum stocks on the market today.
The actual business is struggling with declining sales and profits, but investors have bid up the stock price anyway. This video will let you know whether Carvana's (CVNA -4.18%) stock price increase was an overreaction by optimistic investors.
*Stock prices used were the afternoon prices of Feb. 8, 2023. The video was published on Feb. 10, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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