Copart, Inc. (CPRT)

Great business model, relatively low PE (19), and a shift in macro economic behaviour, all point to a steady uptrend over the next few months.

Recent heavy pull back.

New car sales are almost certain to slow after Cash for Clunkers compressed a year's worth of sales into a few months. This and what promises to be a sluggish economic recovery can only be good for car salvage operations.

Its ratios are absolutely outrageous compared to other used car companies such as autonation. Check out its margins and ROE. A lot of people are going to get new cars which will translate into higher demand. As the Chinese and Indian car markets mature in the long run they will need to dispose of their cars which will probably be suitable for Copart's business model.

I am going to pump money into this one while it's low. This drop has more to do with outside factors than bad management.

Down 11% after the latest earnings report making this a decent buying oportunity for this SA and RB pick.

They have been a consistant outperformer and its a used car country right now. They will continue to grow due to this economy.

CPRT is a technology/web based firm that helps car owners and insurance companies find salvaged car parts on the web. Love the business model and niche market. This stock will not let you down. Mid cap firm poised for rapid growth

"sell salvage vehicles over the Internet through the Company's Virtual Bidding Second Generation Internet auction-style sales technology" - Future

Lots of cars are going to the grave and less folks in the market for new cars = parts growth & expansion of centers... Car accidents are not going away anytime soon as well = more demand for parts and graves for dead cars.

Copart is now recommended by all three of my favorite idea-generators: The Motley Fool, Jim Cramer, and SmartMoney. This agreement does not happen very often, but when it does, it has shown to be a good buy signal. In addition, the CEO and President earlier this year offered to take $1 per year salary in exchange for a strong incentive-based compensation plan, the decision to be left to the shareholders. More cash than debt, still small, and a leader in industry, I think this has potential.

Good economy or bad, there is still a need for used car parts & used cars. I'm actually surprised that CPRT ever went down at all.

Building an efficient market in a boring but needed area

If a relatively obscure business model is what you're looking for, Copart might be right up your alley. The company is a vehicle re-marketer, meaning that it helps auto insurance companies -- among other sellers -- find buyers for totaled cars. The company has used a combined approach of developing new locations and acquiring existing facilities to fuel its growth. And grow it has -- earnings per share more than doubled between fiscal 2004 and 2008.

http://www.fool.com/investing/high-growth/2009/04/24/americas-next-top-growth-stock.aspx

Innovative in the used car parts industry.

Good company, strong, invested leadership. Simple business model. Low debt, moderate PE, should do OK even in recessionary environment.

Looking to hit $35

Worldwide computerized salvage operation seems to be doing great

Dedicated management team with large stake in the business that has continued to focus and build on success. Certainly a lot of things that point to continued success