Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Copart (NASDAQ:CPRT) has outperformed the market over the past 20 years by 13.61% on an annualized basis producing an average annual return of 21.18%. Currently, Copart has a market capitalization of $47.41 billion.
Buying $100 In CPRT: If an investor had bought $100 of CPRT stock 20 years ago, it would be worth $4,700.42 today based on a price of $49.37 for CPRT at the time of writing.
Copart's Performance Over Last 20 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.