The Relative Strength (RS) Rating for Copart stock headed into a new percentile Monday, as it got a lift from 68 to 72.
This exclusive rating from Investor's Business Daily tracks price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating as they launch their largest price moves. See if Copart stock can continue to rebound and clear that threshold.
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Is Copart Stock A Buy?
Copart stock is trying to complete a flat base with a 58.58 entry. See if the retail stock can clear the breakout price in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Earnings growth dropped in the most recent report from 10% to 8%. But sales moved higher, from 7% to 10%. The online auction and remarketing services for used and salvaged vehicles company has been benefitting from the trend in used and preowned vehicles.
Copart stock earns the No. 2 rank among its peers in the Retail/Wholesale-Auto industry group. Valvoline is the top-ranked stock within the group.
