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

We came across a bullish thesis on Copart, Inc.  on Business Invest’s Substack by Francesco Ferrari. In this article, we will summarize the bulls’ thesis on CPRT. Copart, Inc. 's share was trading at $49.64 as of July 1^st. CPRT’s trailing and forward P/E were 32.87 and 28.01 respectively according to Yahoo Finance.

Copart, Inc. (CPRT), a leading player in the online vehicle auction space, has delivered an impressive 15.6% sales CAGR over the past five years, showcasing the strength of its capital-light, highly automated business model. However, to justify a 2x increase in...