Copart: Fantastic Business, Tricky Valuation
CPRTCopart(CPRT) Seeking Alpha·2024-09-07 01:46
mgkaya/E+ via Getty Images Introduction On June 5, I wrote an article titled "From Scrap To Riches - Copart Is An Amazing American Growth Story." Nonetheless, I gave the stock a Neutral rating. As the title suggests, in that article, I discussed the Copart's (NASDAQ:CPRT) fascinating business model, which has resulted in a total return of roughly 1,070% over the past ten years, making it one of the best-performing stocks I have discussed in recent years. Data by YCharts This performance includes its rec ...