Good News Everyone! Cramer Endorses Carvana: A Used Car Stock That Might Actually Move!

Wernstrom! A Cramer Sighting!

Good news everyone! That Jim Cramer bless his volatile soul has cast his beady eyes upon Carvana the online used car emporium. He seems to think it's...dare I say...a *good* investment. He suggests buying a small position now and waiting for a 'pullback' so you can buy more at a 'nice discount'. Which sounds suspiciously like 'buy high sell low' but what do I know? I'm just a humble professor of intergalactic shenanigans.

Wild Trading Action!

Cramer notes that Carvana stock is a 'real wild trader.' Well I’ll be a monkey’s uncle! It's been doing rather spiffingly these past months though it hasn't yet reached its 2021 peak. But Cramer seems optimistic that it will eventually hitting new all time highs. I just hope those highs don't involve sentient cars demanding robot rights. That would be a Tuesday.

To the Moon (or at Least Slightly Above Ground Level)!

Apparently Carvana's recent earnings report exceeded Wall Street's expectations. This could mean they have invented a better mousetrap… or maybe just a better way to sell slightly used hovercrafts. Cramer is impressed by their long term financial targets which include a 'sequential increase in both retail units sold and adjusted EBITDA'. Sounds impressive but does it involve dark matter? Because if not I'm only moderately interested.

Online Convenience? Bah Humbug!

Cramer touts Carvana's convenient online platform where you can buy sell finance and trade cars. 'It's so convenient!' he cries. Personally I prefer my transactions face to face ideally with a robot lawyer present to ensure fair dealings. But I suppose this online thing is here to stay like those blasted hipsters and their artisanal mayonnaise.

Riding the Waves (of Economic Doom)!

Cramer mentions that Carvana is 'riding a couple of other waves,' including the potential for interest rate cuts and Trump's tariffs on foreign automakers. So lower interest rates mean it's easier to finance a car and tariffs make Carvana's used cars look more appealing. But what about the giant space bees? Will they influence the used car market? No one ever thinks about the space bees!

Buy it? I Don't Know Is it On Sale?

Despite his enthusiasm Cramer warns that Carvana's stock could 'pull back' and is 'approaching overbought territory.' He gives his blessing to 'put on a small position here,' but only if you're prepared to buy more on weakness. So proceed with caution my friends. And remember a fool and his money are soon partying!