UBS Analysts Think This Former Meme Stock Has Become a Disruptor -- And That It Can Gain 20% from Here

Carvana (CVNA) has pulled off one of the most striking turnarounds in recent memory. In fact, some now view it as a “former” meme stock, due to its financials rebounding to healthy levels, continuing growth, and unexpected profits.

CVNA stock is up more than 11,000% since its trough in December 2022.