Jul. 10 at 6:13 PM
$CPRT the other problem is cyclical headwinds outlined by Jay on the call re drivers carrying less insurance because of high cost of comprehensive ie less cars turned into total loss/salvage by insurers
losing share to RBA re Progressive, maybe others?
Autonomous will be a problem too -- less car collisions.
CPRT really does need to expand into whole car, yellow iron, etc imo
for that reason -- seems like
$RBA is better set up here (chart looks way better imo) and maybe smaller whole car auction platforms like
$ACVA and
$KAR