Copart, Inc. Aktie News

Top performance contributors for the first quarter include Taiwan Semiconductor Manufacturing, Meta Platforms, Microsoft, Booking Holdings and Alphabet. Top performance detractors for the fourth quarter include UnitedHealth, Copart, Apple, Tractor Supply Company and O'Reilly Automotive. Meta Platforms was once again a leading contributor to performance for the quarter – and our best portfolio p...

Copart is operating in a practical duopoly in the US and is engaged in international expansion. The business has a protective moat in the form of owned and permitted land for yards and a deep membership of buyers on its auction website. The stock has dropped from an ATH of around $63 earlier this year to $47 today, compressing multiples back to levels where buybacks have been executed in the past.

Copart's fundamentals remain outstanding, with high profitability, debt-free status, and superior growth prospects despite a recent 17% stock price drop. The market's negative reaction is overblown, driven by accounting changes in international revenue and temporary headwinds, not by core business deterioration. Transition to a higher-margin, scalable service model and rising total loss frequen...

And just like that, the S&P 500 index is nearing all-time highs again.

The Nasdaq-100 market index holds a lot of volatile stocks. Some of its top performers seem overvalued today, while others seem to have room for further growth.

Copart dominates the US salvage auction market, connecting insurers and buyers with unmatched efficiency. More accidents and costly EV repairs boost Copart's business by increasing total-loss vehicles. Natural disasters like Florida storms drive demand, while inflation and uninsured drivers pose risks.

When it comes to short-term trading signals, few indicators are as closely tracked as the Relative Strength Index (RSI). A stock's RSI measures the speed and magnitude of its recent price movements.

One of my favorite -- and possibly simplest -- investing strategies is to "buy the dip" on steady Eddie stocks that have long track records of stomping the market.