With a market cap of $61.6 billion, Carvana Co. (CVNA) is an e-commerce company that specializes in buying and selling used cars through a fully online platform. The company offers services such as vehicle acquisition, inspection, financing, and delivery.
Companies valued more than $10 billion or more are generally considered “large-cap” stocks, and Carvana fits this criterion perfectly. In addition to its retail operations, Carvana also runs auction sites and provides post-sale customer support.
