Why Copart (CPRT) Could Be an Unusual Options Sleeper to Watch Closely
It’s not the most appealing idea for unusual options activity, that much is certain. However, Copart’s (CPRT) unusual business — at least relative to the broader push in artificial intelligence and other innovations — could make it a surprise sleeper hit for contrarian traders. As an online auction platform, Copart provides a wide range of remarketing services to process and sell salvage and clean-title vehicles. On a fundamental level, economic headwinds may force consumers to consider used vehicles or t ...