CPRT · COPART INC · Top AI ETF

Back to holdings

Copart, Inc. provides online auctions and vehicle remarketing services in the United States, the United Kingdom, Germany, Brazil, Canada, the United Arab Emirates, Spain, Finland, Oman, the Republic of Ireland, and Bahrain. It offers a range of services to process and sell vehicles over the internet through its virtual bidding third generation internet auction-style sales technology. The company's services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, transportation, vehicle inspection stations, on-demand reporting, title processing and express, loan payoff, flexible vehicle processing programs, buy it now, sales process, and dealer services.

Close · 3M

+1.54%

Held by 1 AI ETF

AIVL0.753%

as of Sep 3

Signal performance

Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.

Buy signals15

Win rate87% (13/15)

Avg buy return+7.82%

AIVLnow 0.753% of fund17 signals

AIVL · Weight increase · 3d

weight 0.939% → 0.960% (+0.021 pp)·stock up 13.3% in the 30 days before

Aug 31·entry $32.99·now $33.58Fresh

+1.79%

since Aug 31

AIVL · Weight increase · 2d

weight 0.939% → 0.951% (+0.013 pp)·stock up 11.6% in the 30 days before

Aug 28·entry $32.99·now $33.58Fresh

+1.79%

since Aug 28

AIVL · Weight decrease · 2d

weight 0.994% → 0.962% (-0.032 pp)·stock up 19.0% in the 30 days before

Aug 24·entry $33.26·now $33.58

+0.96%

since Aug 24

AIVL · Accumulation · 5d

weight 0.834% → 0.978% (+0.144 pp)·stock up 24.3% in the 30 days before

Aug 21·entry $33.80·now $33.58Fresh

-0.65%

since Aug 21

AIVL · Accumulation · 5d

weight 0.849% → 0.994% (+0.145 pp)·stock up 26.4% in the 30 days before

Aug 20·entry $34.33·now $33.58Fresh

-2.18%

since Aug 20

AIVL · Weight increase · 3d

weight 0.834% → 0.911% (+0.077 pp)·stock up 14.8% in the 30 days before

Aug 17·entry $31.70·now $33.58Drifting

+5.93%

since Aug 17

AIVL · Weight increase · 2d

weight 0.834% → 0.900% (+0.066 pp)·stock up 11.7% in the 30 days before

Aug 14·entry $31.61·now $33.58Drifting

+6.23%

since Aug 14

AIVL · Weight decrease · 2d

weight 0.852% → 0.834% (-0.018 pp)·stock up 5.3% in the 30 days before

Aug 12·entry $28.99·now $33.58

+15.83%

since Aug 12

AIVL · Weight decrease · 3d

weight 0.902% → 0.839% (-0.063 pp)·stock up 1.5% in the 30 days before

Aug 6·entry $29.01·now $33.58

+15.75%

since Aug 6

AIVL · Weight decrease · 2d

weight 0.902% → 0.852% (-0.050 pp)·stock down 2.2% in the 30 days before

Aug 3·entry $29.35·now $33.58

+14.41%

since Aug 3

AIVL · Weight increase · 3d

weight 0.806% → 0.902% (+0.096 pp)·stock up 9.7% in the 30 days before

Jul 29·entry $30.82·now $33.58Drifting

+8.96%

since Jul 29

AIVL · Weight increase · 2d

weight 0.806% → 0.889% (+0.083 pp)·stock up 0.5% in the 30 days before

Jul 28·entry $30.69·now $33.58Drifting

+9.42%

since Jul 28

AIVL · Weight decrease · 2d

stock down 7.8% in the 30 days before

Jul 22·entry $27.17·now $33.58

+23.59%

since Jul 22

AIVL · Weight decrease · 4d

stock down 12.5% in the 30 days before

Jul 13·entry $27.45·now $33.58

+22.35%

since Jul 13

AIVL · Weight decrease · 3d

stock down 12.1% in the 30 days before

Jul 10·entry $27.52·now $33.58

+22.02%

since Jul 10

AIVL · Weight decrease · 2d

stock down 8.2% in the 30 days before

Jul 9·entry $28.33·now $33.58

+18.53%

since Jul 9

AIVL · New entry · 1d

stock down 2.8% in the 30 days before

Jul 2·entry $30.01·now $33.58Chased

+11.90%

since Jul 2

PQUSno longer held2 signals

PQUS · Exit · 1d

weight 0.030% → 0 (exited)·stock up 24.3% in the 30 days before

Aug 21·entry $33.80·now $33.58

-0.65%

since Aug 21

PQUS · New entry · 1d

weight 0 → 0.020% (new)·stock up 4.7% in the 30 days before

Aug 7·entry $29.66·now $33.58Chased

+13.22%

since Aug 7

LQAIno longer held11 signals

LQAI · Exit · 1d

weight 1.130% → 0 (exited)·stock up 1.5% in the 30 days before

Aug 6·entry $29.01·now $33.58

+15.75%

since Aug 6

LQAI · Weight decrease · 3d

weight 1.250% → 1.130% (-0.120 pp)·stock down 2.2% in the 30 days before

Aug 3·entry $29.35·now $33.58

+14.41%

since Aug 3

LQAI · Weight decrease · 2d

weight 1.250% → 1.140% (-0.110 pp)·stock up 1.1% in the 30 days before

Jul 31·entry $29.12·now $33.58

+15.32%

since Jul 31

LQAI · Weight increase · 4d

weight 1.030% → 1.250% (+0.220 pp)·stock up 9.7% in the 30 days before

Jul 29·entry $30.82·now $33.58Drifting

+8.96%

since Jul 29

LQAI · Weight increase · 3d

weight 1.030% → 1.210% (+0.180 pp)·stock up 0.5% in the 30 days before

Jul 28·entry $30.69·now $33.58Drifting

+9.42%

since Jul 28

LQAI · Weight increase · 2d

weight 1.030% → 1.090% (+0.060 pp)·stock down 8.1% in the 30 days before

Jul 24·entry $27.94·now $33.58Chased

+20.19%

since Jul 24

LQAI · Weight decrease · 3d

stock down 12.1% in the 30 days before

Jul 10·entry $27.52·now $33.58

+22.02%

since Jul 10

LQAI · Weight decrease · 2d

stock down 8.2% in the 30 days before

Jul 9·entry $28.33·now $33.58

+18.53%

since Jul 9

LQAI · Sudden change · 1d

stock down 4.9% in the 30 days before

Jul 7·entry $29.27·now $33.58

+14.72%

since Jul 7

LQAI · Weight increase · 2d

stock down 2.8% in the 30 days before

Jul 2·entry $30.01·now $33.58Chased

+11.90%

since Jul 2

LQAI · Weight increase · 2d

stock down 10.0% in the 30 days before

Jun 24·entry $30.40·now $33.58Chased

+10.46%

since Jun 24

Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.

Buffett-style framework

Fails the frameworkas of Aug 23

The AI ETF AIVL has been gradually accumulating Copart, indicating a belief in its value or positive momentum, while PQUS has exited its position. This contrasts with our framework's 'Fail' verdict, which primarily stems from the absence of a discernible margin of safety at current valuation levels and insufficient data to fully assess financial health and management.

Circle of CompetenceCopart's predictable business model, driven by consistent demand for salvage vehicle remarketing services and a stable fee structure, allows for reasonable long-term cash flow projections.
Economic MoatCopart benefits from a wide and durable moat, characterized by significant scale-driven cost advantages from its extensive network of yards, high switching costs for insurance company clients, and strong network effects among buyers and sellers.
ManagementThis framework cannot fully assess management's candor, capital allocation discipline, or "skin in the game" based solely on the provided financial snippets and company description.
Financial HealthWhile the current ROE of 16.63% is strong, the provided data lacks a 10-year ROE history, detailed operating margin trends, comprehensive debt information, and components to assess owner earnings, preventing a full evaluation of financial health.
Margin of SafetyGiven the current P/E of 17.52 and recent low revenue growth of 1.05%, there is no clear defensible discount to a conservative estimate of intrinsic value, suggesting the stock may be fairly or even fully priced.

Copart Inc. operates within our circle of competence due to its predictable unit economics and possesses a strong economic moat through scale advantages, switching costs, and network effects. However, a comprehensive assessment of management and financial health is not possible with the limited data provided, resulting in null scores for these stages. Most significantly, the current valuation metrics do not indicate a sufficient margin of safety, leading to an overall 'Fail' verdict for a Buffett-style investment.

Educational interpretation generated by AI applying frameworks Warren Buffett documented in his shareholder letters and other public writings. Not a statement by Mr. Buffett or Berkshire Hathaway, and not investment advice.