CVNA Up 560% This Year, TSLA Has More Room To Grow, SBUX To Expand

Carvana (CVNA) is up 560% this year, so it has had a good run, notes Tom White. He discusses CVNA as the stock is down on news today that Hyundai is going to be the first to sell cars through Amazon Marketplace starting in 2024. He also talks about Tesla (TSLA) which is up 90% so far this year. He outlines looking at TSLA as a growth story. He highlights that TSLA obviously makes revenue selling cars, but they also have the opportunity for software, licensing opportunities, and partnerships that also come into play. He then goes over Starbucks (SBUX) which is going to grow its global footprint to 55,000 stores by 2023. White also demonstrates example trades using CVNA, TSLA, and SBUX. His CVNA and TSLA trades are bearish and his SBUX trade is bullish. Tune in to find out more about the stock market today.