Toast is a fairly simple business to understand. They provide point-of-sale (POS) systems—those terminals you see at restaurants or stores that allow credit card payments. What makes Toast stand out is how customizable their offering is

Let’s get to the real reason you’re here. Copart stock—a high-quality compounder—is down over 20% year-to-date. Many investors see this as a golden opportunity to scoop up shares at a discount. But is it really a bargain? Or could it be a value trap?