Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice! As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.
After selling my Starbucks (SBUX) stock earlier today on my own discretion, I chose to use this as an opportunity to replace that position with something with a bit more exciting prospects (?), or pizzazz as I wrote.
Looking through the list of top % gainers, I came across an old favorite of mine Copart (CPRT) which I had discussed as far back as May 26, 2004 on Stock Picks Bob's Advice, making a nice move higher. As I write, Copart is trading at $33.51, up $3.53 or 11.78% on the day.
This morning Copart reported strong fiscal 4th quarter results that beat expectations. Except for a dip in earnings in 2006, their Morningstar.com "5-Yr Restated" financials is intact, and their StockCharts.com "point and figure" chart looks strong.
COPART (CPRT) IS RATED A BUY
A few moments ago I purchased 210 shares of Copart (CPRT) for my Trading account at a price of $33.6757. Wish me luck!
Thanks again for stopping by and visiting. If I get a chance, I shall try to write up a more complete update on Copart, but the above links should give you any needed additional information. If you have any comments or questions, please feel free to leave them on the blog or email me at email@example.com.