Here's How Much You Would Have Made Owning Carvana Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Carvana (NYSE:CVNA) has outperformed the market over the past 5 years with an average annual return of 15.44%, resulting in a $1000 investment growing to $2,026.22. The article highlights the impact of compounded returns on investment growth.
September 17, 2024 | 2:01 pm
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Carvana has shown strong performance over the past 5 years, outperforming the market with a 15.44% average annual return. This highlights the potential of compounded returns in investment growth.
The article emphasizes Carvana's strong performance over the past 5 years, with returns surpassing the market average. This positive historical performance is likely to boost investor confidence and could lead to a short-term positive impact on the stock price.
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