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$1000 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

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$1000 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

Carvana (NYSE:CVNA) has outperformed the market over the past 5 years by 5.0% on an annualized basis producing an average annual return of 19.03%. Currently, Carvana has a market capitalization of $46.72 billion.

Buying $1000 In CVNA: If an investor had bought $1000 of CVNA stock 5 years ago, it would be worth $2,452.45 today based on a price of $346.01 for CVNA at the time of writing.

Carvana's Performance Over Last 5 Years

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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.

 

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