Carvana (NYSE:CVNA)

Carvana is using technology to cut out the most painful part of the car-buying experience; the dealer. In the process I believe they have forever changed the way cars will be purchased, and catching the used-car market asleep at the wheel. This company is just a few years into their business plan so only time will tell if they can lay claim to a big enough share of this nearly $4 Billion dollar market, but they are moving at lightning speed. Quarter after quarter for the past two years Carvana has been busy building their iconic "Car Vending Machines" in new cities while posting triple-digit revenue growth. Even better, while the company is in this high-growth phase they have remained laser-focused on the customer experience. The overwhelming majority of customer reviews I've read (or watched on Youtube) are overwhelmingly positive! Who would have thought this to be possible from a used-car dealer?? Full disclosure: I bought myself a modest position in CVNA in early 2019 and doubled-down in November after a 95% gain. To be honest, I am a bit skeptical that the stock can keep growing at this rate for much longer with valuations getting to be where they are. But until something changes, I'm all-in on Carvana – and a little surprised this one isn't already a Fool favorite.