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

We came across a bullish thesis on Copart, Inc. (CPRT) on Substack by Bulls On Parade. In this article, we will summarize the bulls’ thesis on CPRT. Copart, Inc. (CPRT)'s share was trading at $61.04 as of April 23^rd. CPRT’s trailing and forward P/E were 40.97 and 34.25 respectively according to Yahoo Finance.

[caption id="attachment_1197814" align="aligncenter" width="768"] A busy car auction being held at a leading car dealership, buyers and sellers engaging in active bidding.[/caption]

Copart, Inc. (CPRT) is a textbook example of a high-quality compounder that has quietly...