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After a 9,644% Rally, This Used Car Stock Still Has Room to Run — 'Just 1% of the Market So Far,' Says Jim Cramer

1. Carvana shows a 9,644% gain since pandemic lows in 2022. 2. CNBC's Jim Cramer endorses Carvana's long-term growth potential. 3. Carvana aims for 3 million units sales annually; currently 460,000. 4. Rising tariffs could boost used-car prices, benefiting Carvana. 5. Market analysts remain bullish, expecting significant upside for CVNA.

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FAQ

Why Bullish?

Cramer's endorsement and optimistic forecasts generally indicate positive market sentiment. Historically, stocks following bullish analyst predictions show market appreciation.

How important is it?

Cramer's influence on investor behavior and potential market trends directly relate to the S&P 500's performance. A sustained positive outlook for individual stocks could have broader market implications.

Why Long Term?

Carvana's growth projections and market strategy suggest sustained performance over time, similar to other high-growth tech stocks.

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