Jim Cramer Maintains Bullish Call on Carvana Despite Valuation Concerns
Jim Cramer reaffirmed his bullish stance on Carvana (CVNA) during his lightning round, endorsing the stock's continued upward trajectory. The Mad Money host praised CEO Ernie Garcia's business model, which he believes outshines competitors. Carvana shares have surged 8,959.2% over three years, with a 128.3% YTD gain and a 14% weekly jump.
The company reported record Q3 2025 retail unit sales of 143,280 vehicles, marking a 41% YoY increase. However, Discounted Cash FLOW analysis suggests the stock is overvalued by 41.8%, trading at a PE ratio of 102.5x—five times the specialty retail industry average.