Published on 27 Feb 2024 on Benzinga
This Tech Company Is One Of Jim Cramer's 'Absolute Stocks... If It Gets Hit, Buy More' - AMN...
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Carvana Co. CVNA has had a "very, very big move now, I think Ernie Garcia [CEO of Carvana] is doing a terrific job. But you got to wait for a pullback, a lot of it is short squeeze."
On Feb. 22, Carvana reported fourth-quarter revenue of $2.424 billion, which missed the consensus estimate of $2.528 billion, according to Benzinga Pro. The company reported quarterly loss of $1 per share, which missed analyst estimates for a loss of 88 cents per share.