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Carvana A Shows Improved Relative Strength; Still Shy Of Benchmark

The Relative Strength (RS) Rating for Carvana A (CVNA) climbed into a new percentile Tuesday, as it got a lift from 69 to 76.




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When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

IBD’s unique rating measures share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price behavior over the trailing 52 weeks compares to all the other stocks in our database.

Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating of above 80 as they begin their largest climbs. See if Carvana A can continue to show renewed price strength and hit that benchmark.


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Carvana A is trying to complete a consolidation with a 323.49 entry. See if the stock can clear the breakout price in volume at least 40% above average.

The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 0% to 61%. Revenue rose from 65% to 104%.

Carvana A holds the No. 16 rank among its peers in the Retail/Wholesale-Auto Parts industry group. Lazydays Holdings (LAZY) and Autonation (AN) are also among the group’s highest-rated stocks.

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