Event JSON
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"kind": 1,
"tags": [
[
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"https://finance.yahoo.com/news/1-no-brainer-p-500-082600794.html"
],
[
"subject",
"1 No-Brainer S\u0026P 500 Stock Down 20% to Buy on the Dip"
],
[
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"1749198360"
],
[
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[
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"Copart has been a 341-bagger since its initial public offering in 1994, and its recent 20% decline provides a buying opportunity. The company's wide moat is due to its geographic presence and the power of NIMBY sentiment, which insulates it from new competition. Additionally, the technological density and complexity of vehicles continue to increase, making it more expensive to repair and repairable vehicles, which benefits Copart. The company's duopoly partner, IAA, was acquired by RB Global, but Copart remains the more efficient of the two, with higher average free cash flow and cash return on invested capital."
]
],
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