Here's How Much $1000 Invested In Carvana 5 Years Ago Would Be Worth Today

Carvana CVNA has outperformed the market over the past 5 years by 11.77% on an annualized basis producing an average annual return of 23.99%. Currently, Carvana has a market capitalization of $33.37 billion.

Buying $1000 In CVNA: If an investor had bought $1000 of CVNA stock 5 years ago, it would be worth $2,970.82 today based on a price of $259.65 for CVNA at the time of writing.

Carvana's Performance Over Last 5 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.