Copart (NASDAQ:CPRT) has outperformed the market over the past 10 years by 19.77% on an annualized basis producing an average annual return of 29.77%. Currently, Copart has a market capitalization of $58.13 billion.
Buying $100 In CPRT: If an investor had bought $100 of CPRT stock 10 years ago, it would be worth $1,323.55 today based on a price of $60.17 for CPRT at the time of writing.
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.