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

We came across a bullish thesis on Copart, Inc. on Expanse Stocks’s Substack by Nikotes. In this article, we will summarize the bulls’ thesis on CPRT. Copart, Inc.’s share was trading at $44.56 as of October 15th. CPRT’s trailing and forward P/E were 28.03 and 25.38 respectively according to Yahoo Finance.

Copart, Inc. delivered a quarter that clearly distinguished temporary headwinds from the strength of its competitive moat. While U.S....