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Carvana CVNA has outperformed the market over the past 5 years by 13.28% on an annualized basis producing an average annual return of 24.95%. Currently, Carvana has a market capitalization of $5.00 billion.
Buying $100 In CVNA: If an investor had bought $100 of CVNA stock 5 years ago, it would be worth $323.13 today based on a price of $47.30 for CVNA at the time of writing.
Carvana’s Performance Over Last 5 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.