The Weekly Buzzing Stocks by Billy Kawasaki Carvana CVNA-N TOP PICK Oct 24, 2024

It's run up lately, mostly due to a short squeeze. A good name, but wait for a pullback.

No reflection on company fundamentals, but take some profits after its parabolic move.

One of the greatest, fastest turnaround stories he's seen. It's avoided bankruptcy, raised money and has bounced back.

It reports Wednesday. The stock has a monster short position. There will be a short squeeze, leading shares up in another leg higher. Note that other used companies haven't done well.

Moving up in a step pattern -- rallies, consolidates at the higher level, rallies, consolidates. A fantastic accumulation pattern, extremely well supported. Now consolidating. As long as it holds above $100 support, it's still being accumulated.

The 5-year chart is very interesting. Massive selloff, huge multi-year base, and now it's broken out. Looking at where it was, looks like it's just getting started longer term.

It is coming back as the used car market picks up. It is an interesting play but keep your position small. He doesn't have all the numbers on it so can't call it right now.

They were in trouble last year until they got big backing from creditors and reduced their debt. Is up 353% this year.

Has fallen hard, but the new tariffs will be good for their business, driving people to buy used cars. A good CEO.