$1000 Invested In Copart 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Copart (NASDAQ:CPRT) has significantly outperformed the market, yielding an average annual return of 21.0%. A $1000 investment in Copart 20 years ago would now be worth $45,042.77. This showcases the power of compounded returns over time. Copart's current market capitalization stands at $52.69 billion.
March 12, 2024 | 6:30 pm
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Copart has demonstrated exceptional growth over the past 20 years, with a $1000 investment growing to $45,042.77, reflecting an average annual return of 21.0%.
The significant growth of Copart's stock over the past two decades, as highlighted by the substantial increase in value of a $1000 investment, underscores the company's strong performance and potential appeal to investors. This historical performance, coupled with the current market capitalization of $52.69 billion, suggests a positive outlook for Copart's stock in the short term, as it highlights the company's long-term growth and stability.
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