If You Invested $1000 In This Stock 20 Years Ago, You Would Have $46,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Copart (NASDAQ:CPRT) has delivered an average annual return of 21.08%, turning a $1000 investment into $45,832.56 today. With a current market capitalization of $48.59 billion, Copart's performance highlights the impact of compounded returns on investment growth.
February 08, 2024 | 7:30 pm
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Copart has shown remarkable growth over the past 20 years, with a $1000 investment growing to $45,832.56, reflecting an average annual return of 21.08%.
The significant growth in Copart's stock value over two decades, as highlighted in the article, demonstrates the company's strong performance and the potential for continued positive momentum. This historical performance, coupled with a substantial market capitalization, suggests a positive outlook that could attract more investors, potentially driving the stock price up in the short term.
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