Copart Inc
CPRT: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| j!x | LOCK|$^ | LOCK|gz^>C>$ |
Copart: New CEO Seeks Faster Growth but No Dramatic New Paths
Copart said June 29 that CEO Jeff Liaw will resign on July 31 and former head Jay Adair will return as CEO. On a July 6 analyst call, Adair said he wants faster growth around the firm's three pillars of international insurance expansion, US whole car (noninsurance), and tech services.
