Best Stock to Buy Right Now: Uber vs. Carvana
They're both seemingly doing well, but only one is plugged into an unwavering trend that's built to last.
Uber Technologies (NYSE: UBER) and Carvana (NYSE: CVNA) aren't just two different companies. They're seemingly polar opposites. Ride-hailing giant Uber is thriving largely because owning and driving a car is an increasingly expensive hassle. Used car dealer Carvana, conversely, makes it easy and affordable to own your own automobile.
One could reasonably argue there's solid -- even growing -- demand for both businesses. But it's difficult to deny the contrasted underpinnings of what make these two companies tick. Investors could understandably be confused.
The good news is, one of these names is a clearly better bet than the other -- now and for the foreseeable future.
