{"id":162708,"date":"2025-12-01T17:41:07","date_gmt":"2025-12-01T17:41:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/162708\/"},"modified":"2025-12-01T17:41:07","modified_gmt":"2025-12-01T17:41:07","slug":"jim-cramer-says-to-buy-shares-of-this-auto-retailer-if-they-fall-again","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/162708\/","title":{"rendered":"Jim Cramer says to buy shares of this auto retailer if they fall again"},"content":{"rendered":"<p>CNBC&#8217;s Jim Cramer said Monday to buy shares of auto retailer Carvana if they decline again. Carvana is a clear leader in the used-car space, and its turnaround story has been very promising, Cramer said. He pointed to the stock&#8217;s recent gains as proof. Shares are up 22% over the past month, compared to the S &amp; P 500 &#8216;s advance of less than 1%. &#8220;These guys had a resurrection,&#8221; he said during &#8220;Squawk on the Street&#8221; on Monday. Cramer said that CEO Ernest Garcia has done a remarkable job getting the company back on track. &#8220;They&#8217;re doing many things right, but I would point out that [a] dip is a pretty good opportunity.&#8221; &#8220;There are still people who remember that [Carvana] had trouble,&#8221; Cramer said, a nod to the stock&#8217;s awful 2022 performance , when Carvana fell out of Wall Street&#8217;s favor and plunged 98% in a year due to poor macroeconomic conditions. &#8220;I&#8217;m saying drop that narrative and accept the fact that these guys are winning in one of the biggest markets in the world.&#8221; Analysts at UBS agree: On Monday, they initiated coverage of Carvana with a buy rating and a $450 price target, implying an upside of around 20% from Friday&#8217;s close. UBS forecasts more revenue growth for Carvana as buyers and sellers take their transactions online. &#8220;CVNA has a differentiated, best-in-class online platform and customer experience that positions them to gain share in the large but fragmented used-vehicle market,&#8221; the analysts wrote. Shares of Carvana were up less than 1% in early Monday trading. Here&#8217;s a full list of the stocks in Jim&#8217;s Charitable Trust , the portfolio used by the CNBC Investing Club.<\/p>\n","protected":false},"excerpt":{"rendered":"CNBC&#8217;s Jim Cramer said Monday to buy shares of auto retailer Carvana if they decline again. Carvana is&hellip;\n","protected":false},"author":2,"featured_media":162709,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[7897,941,357,97667,458,146,85,10481,942,46,943,190,12609,3310,1760,37005],"class_list":["post-162708","post","type-post","status-publish","format-standard","has-post-thumbnail","category-celebrities","tag-autos","tag-breaking-news-markets","tag-business-news","tag-carvana-co","tag-celebrities","tag-entertainment","tag-il","tag-investingclubsample","tag-investment-strategy","tag-israel","tag-jim-cramer","tag-markets","tag-regwall-investingclub","tag-sp-500-index","tag-stock-markets","tag-stock-takes"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/162708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=162708"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/162708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/162709"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=162708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=162708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=162708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}