This story was originally published here.
Shares of online used car retailer Carvana (NYSE:CVNA) have soared in 2020 on the idea that the novel coronavirus pandemic has permanently accelerated e-commerce disruption across the globe, particularly in verticals with previously small online retail penetration rates, like automobile sales. Carvana stock is stock up 32% year-to-date.
In the big picture, this is just the beginning of a much bigger, much longer rally in CVNA.
Carvana is pioneering disruptive change across the automobile market, attempting to fundamentally change the way we buy and sell cars. Because Carvana’s online convenience-first solution is miles better than the status quo solution, it truly is only a matter of time before the Carvana model becomes ubiquitous.
That’s not to say Carvana will be the only place we buy and sell cars in the future. Rather, it is to say the future of buying and selling cars is online, and that Carvana will be a major used car retailer in that online-dominated world.
As Carvana pioneers this disruption across the country over the next several years, the company’s sales will continue to soar. Margins will improve with scale. Today’s net losses will turn into huge profits. And CVNA stock will keep soaring — by more than 100%.
Here’s a deeper look.
Editor's Note: Click here to keep reading.
65 Ways You Can Make Extra Cash in This Crazy Environment
With the market crisis moving into our rearview mirror, folks are now looking for ways to get back to making money.
Neil George wants to show you how to get his new book that profiles 65 simple ways to earn large amounts of work-free income.
…extra cash that you can collect ON TOP of your Social Security check…
…without messing around with crappy jobs. (Pizza delivery driver? No way.)
These are PROVEN cash-gushing strategies… the kind typically used by the wealthy elite.
And the best part is…
Neil George has set aside copies of his book, Income for Life, and he’s willing to send you a hardback version today ABSOLUTELY FREE (just pay shipping). This may be the last time we offer this.
Here's just a sample of what you can find inside:
- Use what Neil calls the “FHA Loophole” to get the government to pay your mortgage — PLUS receive hundreds in extra cash on top.(Page 217)
- Collect $100s for pictures in old family photo albums! Believe it or not, there is an easy way to turn your old artwork/photographs into $100 bills (certain businesses are desperate). (Page 297)
- Get paid every time your favorite song gets played on the radio! This little-known website allows you to tap into royalty payments every time your favorite song is played on the radio. Some lucky folks collect thousands of dollars a year! (Page 307)
- Pocket upwards of $197 PER HOUR simply by taking a walk through the woods in the fall… or $137 while visiting your favorite beach in the summer… and many, many more!
This book is flying off the shelves and this may be the last run of copies we print.
So if you don't claim your copy of Income for Life today, we'll send it to the person behind you in line…