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2 Stocks You Shouldn’t Buy During a Market Downturn

Stock market volatility is rife due to the Fed’s continued rate hikes and widespread recession fear among investors. Moreover, the ongoing Russia-Ukraine war and other macroeconomic issues are hindering global growth prospects. Given the market turmoil, we think investors should steer clear of Royal Caribbean Cruises (RCL) and Carvana (CVNA),…

3 Stocks to Avoid as the Meme Craze Makes Its Comeback

3 Stocks to Avoid as the Meme Craze Makes Its Comeback

The meme craze is back in action after a lull for a few months. Several stocks have gained traction of late despite their weak fundamentals. With the stock market expected to remain under pressure in the upcoming months, it could be wise to avoid fundamentally weak meme stocks Lucid (LCID),…

3 Stocks Hitting the Panic Button Right Now

3 Stocks Hitting the Panic Button Right Now

The market is expected to remain under pressure with inflation still far higher than the Fed’s target level, consecutive rate hikes, and rising geopolitical issues. Given the increasing odds of a recession, fundamentally weak stocks, DraftKings (DKNG), Carvana (CVNA), and Flux Power (FLUX) are hitting the panic button now. Thus,…

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4 Well-Known Stocks You'll Want to Avoid Right Now

The broad market sell-off prompted by macroeconomic headwinds and geopolitical issues since the beginning of the year has caused many popular stocks to witness significant declines. Well-known stocks Snap (SNAP), Etsy (ETSY), Amazon.com (AMZN), and Carvana (CVNA) have fared poorly than their industry peers because of weakness in their business.…

Carvana Stock Just Had a 26% Gain in One Day - Time to Buy?

Online used car retailer Carvana (CVNA) reported disappointing first-quarter 2022 results, and its near-term prospects look bleak due to logistical disruptions, high used car prices, significant hikes in interest rates, and surging fuel prices. However, considering the stock’s impressive 26% gain on Tuesday, is CVNA a buy now? Read on…

What's Going On With Carvana Stock Today?

Carvana Co (NYSE: CVNA) shares are surging Tuesday on above-average volume.

Insiders Are Making Big Buys In Carvana – Should You?

Used car retailer Carvana (CVNA) has seen significant insider buying recently, reflecting bullish sentiments. However, given its bleak bottom-line positioning, should you invest in the stock now? Read on to find out.

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What's Going On With Carvana Stock Today?

What's Going On With Carvana Stock Today?

Carvana Co (NYSE: CVNA) shares are trading higher Wednesday on above-average volume.

Insiders Buy Around $81M Of 4 Stocks

Insiders Buy Around $81M Of 4 Stocks

Although the Dow Jones dropped around 150 points on Tuesday, there were a few notable insider trades.

Stocks to Avoid: 3 Companies That Have Announced Layoffs

Stocks to Avoid: 3 Companies That Have Announced Layoffs

The United States job market has exhibited resilience, adding more jobs than expected in April. Nevertheless, layoffs and hiring freezes have been sweeping across businesses this year. Amid this, we think companies that have been struggling with their growth trajectories and have implemented employee layoffs recently, such as Netflix (NFLX),…

Executives Buy Around $413M Of 3 Stocks

Executives Buy Around $413M Of 3 Stocks

Although Dow Jones dropped around 800 points on Tuesday, there were a few notable insider trades.

Carvana To Raise $2.3B Via Debt To Finance ADESA Acquisition

Carvana To Raise $2.3B Via Debt To Finance ADESA Acquisition

Carvana Co (NYSE:CVNA) plans to offer $2.275 billion of Senior Unsecured Notes due 2030. The company intends to use the proceeds to finance the proposed acquisition of the U.S. physical auction business of ADESA Inc from KAR Auction Services (NYSE:KAR) for about $2.2 billion. ADESA U.S. is a provider of wholesale vehicle auction solutions in the U.S. with…

Carvana Shares Are Falling: Here's Why

Carvana Shares Are Falling: Here's Why

Carvana Co (NYSE: CVNA) shares are trading lower after the company reported financial results and announced a $1 billion common stock offering.

Why Carvana Shares Are Plunging After Hours

Why Carvana Shares Are Plunging After Hours

Carvana Co (NYSE: CVNA) shares are trading lower in Wednesday's after-hours session after the company reported financial results.

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