Uber, Carvana: Polar Opposites
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UberThe Motley Fool
•Technology
Technology
Best Stock to Buy Right Now: Uber vs. Carvana
79% Informative
Uber Technologies and Carvana aren't just two different companies -- they're seemingly polar opposites.
Uber is thriving largely because owning and driving a car is an increasingly expensive hassle.
Used car dealer Carvana makes it easy and affordable to own your own automobile.
One of these stocks, however, is experiencing oversized growth for reasons that aren't apt to persist.
As of April the average new automobile in the United States was being sold for a hefty $ 48,699 .
That puts the monthly payment well over $ 700 out of reach for most would-be buyers.
Carvana estimates it only accounts for about 1% of the used car business.
The ride-hailing powerhouse is a better stock to buy right now than Carvana .
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