Sell: Copart (CPRT)
Updated from Investment Digest Issue 717, April 18, 2012
The sale of Copart (CPRT) is not happening at the most auspicious time in the market cycle, but we have to be true to our laddering methodology. We’ve made a little money on CPRT but it has underperformed the market and the rest of the portfolio. With no dividends here, overall return stands at right around 17.5% while the Vanguard 500 Index Fund’s total return was 43.9% over the same period.
Neil Macneale, 2 for 1 Stock Split Newsletter, www.2-for-1.com, 408-210-6881, October 17, 2014