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Carvana (NYSE:CVNA) has outperformed the market over the past 5 years by 1.79% on an annualized basis producing an average annual return of 15.44%. Currently, Carvana has a market capitalization of $18.95 billion.
Buying $1000 In CVNA: If an investor had bought $1000 of CVNA stock 5 years ago, it would be worth $2,026.22 today based on a price of $153.00 for CVNA at the time of writing.
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.
Posted In: CVNA