Jim Cramer on Carvana: “I Would Not Abandon Ship”

14 hours ago 2

Syeda Seirut Javed

Fri, March 13, 2026 astatine 10:15 AM CDT 2 min read

Carvana Co. (NYSE:CVNA) is 1 of the stocks Jim Cramer answered questions about. A caller asked what they should bash with their presumption successful the stock, noting that they person incurred losses arsenic the banal has been declining since the extremity of January. Cramer replied:

Well, you know, Carvana’s a precise bully company. It does person periodic plunges, and past they bash the happening that they do, which is to person a large quarter. I person been a believer successful Ernie Garcia since the banal was azygous digits… I’m not backing away. I’m not saying bargain some, but I’m saying I would not wantonness ship.

A banal marketplace graph. Photo by energepic.com

Carvana Co. (NYSE:CVNA) operates an online level for buying and selling utilized cars and besides runs auction sites. A caller asked for Cramer’s thoughts connected the banal during the December 10, 2025, episode, and Cramer replied:

Here’s the reply astir Carvana: the banal is going higher. Now, it whitethorn not conscionable proceed to spell higher due to the fact that it conscionable had a immense run, but I person been down this banal since it was a teenager, and I’m continuing to bash so. I deliberation Ernie Garcia has a amended exemplary than anybody else.

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