Core Insights - The City of Bentonville, AR is resuming virtual auctions for surplus assets in partnership with GovDeals, enhancing efficiency and global reach compared to traditional methods [1][2] - The partnership has generated over $429,000 in sales since its inception, with $142,000 earned in the previous year alone, highlighting the financial advantages of online auctions [2] Company Overview - GovDeals is a leading online marketplace for surplus government and educational assets, offering a range of items from heavy equipment to real estate [4] - The platform allows government agencies to sell surplus assets in a transparent manner, providing sellers with more control and lower fees compared to traditional auction methods [4] - GovDeals is operated by Liquidity Services, a trusted company in the surplus industry, which supports millions of customers globally [4]

One of my favorite -- and possibly simplest -- investing strategies is to "buy the dip" on steady Eddie stocks that have long track records of stomping the market.While past performance doesn't guarantee future returns, looking among previously "winning" stocks that have sold off over what appear to be short-term worries can be a great way to find excellent investments at fair prices.A perfect example of a stock fitting this mold today is Copart (CPRT -0.58%), operator of the leading online auction platform ...