Jim Cramer Discussed These 12 Stocks Recently

2. Carvana Co. (NYSE:CVNA)

Number of Hedge Fund Holders: 84

Carvana Co. (NYSE:CVNA) runs a major online platform in the U.S. for used car sales. A caller expressed worry about the company after CarMax reported its earnings and asked if they should hold onto it. This is what Mad Money’s host had to say:

“Yes, I think that they are two very different animals. One is really a great science study of used cars and how to get the price down and sell them at a good margin, that’s Carvana. And the other’s just a very traditional good company, but a very traditional good company is not going to be able to do well against, well, there’s enough room for both Carvana and CarMax, but Carvana’s got a different model and I really like the model and I really like Ernie Garcia and I want you to, if anything, buy more of that stock.”