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Bullish Case: Carvana posts annual profit, streamlines operations amid cost cuts, and sees upgrades due to underappreciated cash generation per car; RBC doubles price target.


Bearish Case: Despite annual profit, Carvana struggles with high debt; Kerrisdale Capital short position underlines growth challenges and overstretched valuation.


Potential Outcomes: 70% chance stock thrives on efficient operations; 25% chance debt burdens trigger sell-offs; 5% chance market re-evaluates valuation, causing correction.


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April 02, 2024


Carvana Forecast

CVNA        Carvana
Price Forecast: BULLISH    Price Action: RANDOM (?)






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Uncorrelated Stock Forecasts

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HYLN Forecast + Options Trading Strategies   [HYLN]  Hyliion (-0.0)


PYPL Forecast + Options Trading Strategies   [PYPL]  PayPal (-0.0)


CC Forecast + Options Trading Strategies   [CC]  Chemours (0.0)


GERN Forecast + Options Trading Strategies   [GERN]  Geron (0.0)


VYGR Forecast + Options Trading Strategies   [VYGR]  Voyager Therapeutics (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CVNA



DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.83)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.84)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.85)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.85)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.87)





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