As Carvana Plunges, Consider These 5 Car Dealer Stocks

It was a bad week for


Carvana


—and a bad week for used-car dealers. But some auto-dealer stocks might still be worth buying.

After falling almost 40% this past week, Carvana (ticker: CVNA) is off an incredible 98% this year, wiping out almost $44 billion in market value. That’s more than the size of all other publicly traded auto dealers combined. It’s not hard to see why. Analysts and journalists have started using the word “bankruptcy” to describe where it might be headed. Carvana dismisses this, saying it has “substantial liquidity” to attain its business goals.