If You Invested $1000 In This Stock 15 Years Ago, You Would Have This Much Today

Copart (NASDAQ:CPRT) has outperformed the market over the past 15 years by 10.37% on an annualized basis producing an average annual return of 22.63%. Currently, Copart has a market capitalization of $47.01 billion.

Buying $1000 In CPRT: If an investor had bought $1000 of CPRT stock 15 years ago, it would be worth $21,216.25 today based on a price of $48.62 for CPRT at the time of writing.

Copart's Performance Over Last 15 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.