Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Copart, Inc. (CPRT): A Bull Case Theory

We came across a bullish thesis on Copart, Inc. (NASDAQ:CPRT) on Substack by FluentInQuality. In this article, we will summarize the bulls’ thesis on CPRT. Copart, Inc. (NASDAQ:CPRT)'s share was trading at $58.46 as of Dec 27th. CPRT’s trailing and forward P/E were 40.88 and 35.46 respectively according to Yahoo Finance.

[caption id="attachment_1206773" align="aligncenter" width="768"] A line of used vehicles in a spacious lot, ready to be sold at an auction.[/caption]

Copart, Inc. (NASDAQ:CPRT), founded in 1982 and headquartered in Dallas, Texas, has established itself as a...