Jim Cramer says investors should avoid Carvana after the company's disappointing quarter

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The "Mad Money" host recapped Carvana's latest quarterly results and explains why he thinks investors should stay away from the company stock in Thursday's episode of the show.
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BUY WHEN EVERYONE IS FEARFUL. This is where Millionaires are made. LETS GO! 💪🤑🚀!!!

WalkingStreets
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Wow something Cramer was actually right on. $8 today

brendansmith
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They’d probably do better if they didn’t price used vehicles like 7% higher than already overpriced used vehicle dealers

Bropes
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Herald of the Hudson substack has posted a long thesis for Carvana 2025 bonds. >40% CAGR to maturity

arganforest
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Investing in stocks is not like putting your money in a savings account that pays 10% annualy. Returns will fluctuate from year to year, some times dramatically. The 10% return is only an average of some bang up years and some gut wrenching years.

ahmetdeniz
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Carvana is one of Stanley Druckenmiller’s largest positions. Who do you think is right, him or Cramer?

TonyTrupp
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All these Carvana haters sound like form employees that go let go for being lazy and breaking the rules 😂😂😂

orthodoxboxing
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If if goes up to $134 up again a nice gain

sterlingpless
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Buy ZIM on Friday 22 April. SEMPER FI!!!

genek
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Jim do you think that delivering paid for cars WITHOUT the titles might have something to do with it.
Amazing you actually called one right although for all the wrong reasons .

leonardmacaulay
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literally got fired for bringing too much attention to a customer's issue where a customer was told when her contract was getting rebuild after title issues and it took 5+ months of dealing with her contract being rebuilt, several reps told her she will have the delayed months of rebuild( mind you she couldn't make payments while system showed no purchase or contract) she was told we will cover those payments. Until bridgecrest( the financing ) started threatening to tow due to lack of payments. very VERY long story short and many arguments with management later I was finally successful at getting carvana yo honor their word to her. No where in training do they tell u to warn customer's to continue to make payments or put those payments in savings because they will be charged one lump sum. This woman had just lost her daughter, husband went blind and dealing with bs reps who didn't care and she was ready to sue... until she got me. We were told to treat customer's as if they are our mother...( the unspoken fine print to this "company principal" unless it doesn't benefit carvana. Principles only apply when it makes carvana $$) after the light and questioning the system I was then plotted against and 30 days later fired after I was sent home due to child needing covod test. They then refused unemployment claiming I knew I broke the rules. The owner has earned himself the title of WORLDS BEST SCAMMER.
Plus THEY DO NOT EVER INSPECT THE VEHICLES DESPITE WHAT THEY CLAIM. 95% OF THEIR VEHICLES ARE LEMONS!!!!

jessirae
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Felicidades, es un buen ejemplo. 174 sentadillas son unos SEXTINDER.Uno muchas y un buen ejercicio. Se deja ver que hay muy buenos resultados 😍👍 Saludos desde la Cd.. de world 🌹😉💖 los mortalesq abian apreciado tan hermosa mujer.k

zhenyagolovanov