Copart is one of the stocks my guys are asking if I want to sell. I have it in the high $30's I believe maybe $40's... Back in the day these guys were headlights! As I remember some kind of adjustable headlight or energy saving window... it's just so long ago look at what they have grown to become! An auction site. I had no idea...
You might take some off the table. Its a well run company though, I was running a scanner this weekend and found it.
Its more than an auction company per say, its pretty involved stuff. They deal with insurance companies, junk yards, CVNA, KMX, Vroom, all kinds of things. Its a highly profitable niche that's for sure. I'm surprised there's no dividend on a company like that. That's actually a good sign in a way, channeling $'s back into growth. It shows too.