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

We came across a bullish thesis on Copart, Inc. on Andvari’s Substack by Douglas Ott. In this article, we will summarize the bulls’ thesis on CPRT. Copart, Inc.'s share was trading at $40.62 as of January 28th. CPRT’s trailing and forward P/E were 24.77 and 24.10 respectively according to Yahoo Finance.

[caption id="attachment_520300" align="aligncenter" width="750"] Copyright: zenstock / 123RF Stock Photo[/caption]

Copart, Inc. provides online auctions and vehicle remarketing services in the United States and internationally. CPRT has recently faced pressure on its...