Could Carvana Help You Become a Millionaire?

There's no need to sugarcoat it. Investors putting money to work in the stock market undoubtedly want to become rich over time. Perhaps the specific monetary goal is to achieve a portfolio value of $1 million.Some businesses, like Carvana (NYSE: CVNA), have already done that. This used car e-commerce stock is up a jaw-dropping 5,120% since the start of 2023 (as of Dec. 12). That would've turned a $20,000 investment into a cool $1 million in less than two years, a phenomenal return.If you missed the Carvana ride, you might be wondering if its shares can make you a millionaire from this point forward. Here's what investors need to know about this resurging enterprise's prospects.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool