Barry Schwartz IAA IAA-N PAST TOP PICK Oct 02, 2020

(A Top Pick Sep 05/19, Up 10%) An online auto auction. If the car is a total loss, the company takes it and will sell the car at auction. He has sold it to buy Copart, a competitor.

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Tailwinds. Technology means parts need to be replaced for minor bumps. Only one competitor. Great opportunities for growth. Recession resistant. Optically expensive, but trades at a deep discount to its competitor. No dividend. (Analysts’ price target is $49.17)

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Barry Schwartz IAA IAA-N PAST TOP PICK Oct 02, 2020

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