Copart (CPRT)

Add a New Bulls Reason Company: Copart (CPRT) Current price: Headline: (100 character max) Analysis: Cancel 0% agree 0 votes edit Slowdown of new car purchase will increase demand for replacement parts. Top Contributor: J.D. Thornton | Created when NASDAQ:CPRT was $27.90 | Edit | History In 2008 US car sales fell 18% and are expected to remain well below historical levels for the next several years. This means that people will be keeping their cars longer instead of replacing them. Older cars require more maintenance and replacement parts. The aging of the US automobile fleet will then increase demand for the replacement parts required to keep this fleet operational, thereby increasing demand for Copart's products. (100 character max) Cancel

Wikinvest © 2006, 2007, 2008, 2009. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.