Is Copart Stock Underperforming the Dow?

Valued at a market cap of $47.6 billion, Copart, Inc. (CPRT) operates in the online auctions and vehicle remarketing industry. The Dallas, Texas-based company provides services to process and sell salvage and clean title vehicles primarily over the Internet.

Companies valued at $10 billion or more are generally considered "large-cap" stocks, and Copart fits this criterion perfectly. Copart is renowned for its patented virtual auction technology (VB3), global presence in 11 countries, over 200 locations, and a vast inventory providing seamless online vehicle auctions to a wide range of buyers, from automotive businesses to consumers.