If You Invested $100 In This Stock 15 Years Ago, You Would Have $3,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Copart (NASDAQ:CPRT) has delivered an average annual return of 25.05%, outperforming the market by 12.44% annually. A $100 investment in CPRT 15 years ago would be worth $2,970.71 today, showcasing the impact of compounded returns on investment growth. Copart's current market capitalization stands at $53.71 billion.
April 10, 2024 | 7:00 pm
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Copart has shown remarkable growth over the past 15 years, with a $100 investment growing to $2,970.71, reflecting an average annual return of 25.05% and outperforming the market.
The significant growth in Copart's stock value over 15 years, coupled with its consistent market outperformance, suggests a positive outlook for CPRT. This historical performance, especially the impressive compounded returns, indicates strong company fundamentals and market confidence, likely leading to continued investor interest and potentially further gains in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100