$100 Invested In Copart 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Copart (NASDAQ:CPRT) has significantly outperformed the market, yielding an average annual return of 28.75%. A $100 investment in CPRT a decade ago would now be worth $1,257.38. This showcases the impact of compounded returns on investment growth over time. Copart's current market capitalization stands at $55.56 billion.
March 27, 2024 | 8:00 pm
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A $100 investment in Copart 10 years ago would now be worth $1,257.38, reflecting an impressive annual return of 28.75%.
The significant appreciation in Copart's stock value over the past decade, as highlighted by the 28.75% average annual return, underscores the company's strong market performance and potential for continued growth. This historical performance, coupled with a substantial market capitalization of $55.56 billion, suggests a positive outlook for CPRT's stock in the short term.
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IMPORTANCE 90
RELEVANCE 100