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Carvana: Improving Operating Leverage Justifies Its Valuation Premium (NYSE:CVNA)

I was once very wrong on Carvana Co. (NYSE: CVNA ). Back in December 2022, I thought Carvana would succumb to cash flow pressures . Not only did this not happen, but Carvana came out as a stronger business with a stellarDilantha De Silva is an experienced equity analyst and investment researcher with over 10 years in the investment industry. He writes insightful articles for Seeking Alpha, GuruFocus, TipRanks, and ValueWalk, with a significant following on Seeking Alpha. Dilantha’s expertise spans across va ...