In today’s Super Seasonals: Trade of the Week we will look at Copart, Inc (CPRT).
Copart, Inc. engages in the provision of online auctions and vehicle remarketing services. It provides vehicle sellers with a full range of services to process and sell vehicles primarily over the internet through Virtual Bidding Third Generation Internet auction-style sales technology.
The firm sells the vehicles principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters and at certain locations, as well as to the general public. The company’s services include online seller access, salvage estimation services, estimating services, end-of-life vehicle processing, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing, and vehicle processing programs. It operates through the United States and International segments.
Below are the seasonal statistics Since 1994…
Below are the past 5-10 years seasonal statistics for a more recent look…
Below is a Backtest of a Cumulative Chart for the past 10 years, you will notice that there is a tendency for the stock to possibly meander around for a few weeks, while toward the end of September, or early October it has a tendency to push up through year-end.
Below is a 10-year Backtest, if one were to buy $1,000 of the stock during each seasonal period….
As you likely know, there are literally dozens of solid ways to approach trading Copart, Inc (CPRT) with a bullish bias. The decision of how to best invest in the stock or trade the options is an individualized decision, unfortunately there is no one best way. Keep in mind that seasonality is about probabilities, not certainties. Please remember to fully understand the risk before trading anything. It’s recommended to do your own research and consider consulting with a financial advisor before investing in any stock or options trade.
To learn more about seasonal information on other solid opportunities, click here SuperSeasonals .
Trade Smart,
Chad Shirley
