Market unimpressed by Copart's strong growth and earnings

Baffling market reaction to Copart's last 2 earnings reports. Its a fast growing online vehicle auction site, with a focus on salvage (which reduces cyclicality) and operates in a virtual duopoly with network advantages and huge domestic and global opportunities that are only starting to be realized. PEG ratio of c.1.2

This is not a recommendation to buy or sell. Stocks not suitable for every one. Please do your own research.

Submitted November 25, 2018 at 04:09AM by InterestingNews1 https://ift.tt/2DWgSUY