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

We came across a bullish thesis on Copart, Inc. (CPRT) on Substack by Francesco Ferrari. In this article, we will summarize the bulls’ thesis on CPRT. Copart, Inc. (CPRT)'s share was trading at $52.82 as of March 10th. CPRT’s trailing and forward P/E were 35.45 and 33.33 respectively according to Yahoo Finance.

[caption id="attachment_1202207" align="aligncenter" width="768"] A row of used cars with shoppers inspecting them on a lot.[/caption]

Copart (CPRT) is a dominant player in the online auction industry, specializing in selling used and salvaged vehicles to buyers...