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Costco Wholesale Corporation (COST)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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497.27+11.09 (+2.28%)
At close: 04:00PM EDT
498.00 +0.73 (+0.15%)
Pre-Market: 09:25AM EDT
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  • H
    Herman
    longs keep accumulating those shares cheap while you still can. Inflation will start declining in the months to come as supply chains are actively restructuring
    Bullish
  • m
    marty
    When Costco reports monthly and quarterly sales, they have 2 columns one for overall sales and one that takes in account for inflation, currency exchange and calendar changes from previous year. They reported April sales were impacted 2-2.5% from the previous year. Due to different dates of holidays.
  • C
    Chief Longbone
    I think we were all warned that the market was going to crash..we just didn't believe it would happen to costco
  • E
    ET Bagholder
    My 30 year price target for Costco is $1,000. Why? Because the world is headed for the stinker. Here is where I see Costco in 30 years: A pack of one-ply Kirkland brand toilet paper will be on sale for $99.97. During your drip, you could stop by the food court for a $19.99 hot dog which will include a warm soda, with one free refill (no ice because Lake Mead will be dry as a bone by then). When you leave the store, drive over to the Costco gas line, but there is no line. Why? Because under the new role of dual Treasury Secretary and Federal Reserve Chairman, Hunter Brandon will have pegged the price of gas, at all gas stations, to $46 per gallon (in honor of his father, 'Dear Leader Joe Brandon).

    When you return home, you turn on the TV, and will watch 'Dear Leader' Kamala Harris, installed for her sixth term, give a speech about the importance of Critical Race Theory, encouraging young people to become Gender Studies scholars. Brandon will be in the seat next to her, placed in a Futurama container, while Barack operates the teleprompter for Kamala to read. After you 'enjoy' the Dear Leader's speech, you will be expected to eat only Michelle O.-approved meal, consisting of three carrot sticks, eight ounces of retreated water, six ounce steak of lab grown hamburger steak, and a half slice of whole grain bread.

    You will be permitted to use the shower for up to four minutes. Lathering the soap will have been prohibited by law, punishable by six months in prison, as well as a lifetime registration requirement, because of environmental concerns. So you will only be able to use a bar of soap over your body one time. Which is beneficial to you anyway, since a bar of Kirkland Soap will be equivalent to $10 (a whole pack will be about $79.97).

    After you shower, you login to your Robinhood account to watch your crypto make its usual +/- 20% moves, take your gains, then spend all of it in the Metaverse playing your favorite woke game. You will then be expected to sleep by midnight. But before you get to sleep, you must plug into the government supplied Health Enhancing Device (HED), created and patented by none other than Dr. Anthony Fauci. The HED is designed to extract and harness your energy, using 5G technology, for 'special government projects.'

    When you wake up, you go to the doctor to get your 365th vaccine for the year at Costco, tnjoy your hot dog, then do it all over again.
    Bullish
  • H
    Herman
    $500 is the pivot point long term this will be higher
    Bullish
  • n
    naked2city
    Under $500 now but Costco stock drops are looking lighter now compared to last week or before. We might be close to a bottom for this stock.
  • T
    Tradergirl
    COSTCO now traveling in an 'extremely' over-sold condition. If you haven't been accumulating, you're wasting your time and losing money.

    -------------------------------
    a) China will NOT come to the aid of Putin. He is on his own and failing. NATO grows stronger, Russia grows weaker. The U.S. would have preferred to have Russia as a 'normal' trading partner w/in the global community (as they should be) so a regime change is imminent. (COSTCO and the Markets WILL like this!)

    b) COVID is still here (and getting worse) BUT everyone has had their opportunity to learn how to protect themselves. Now, only the stupid and lazy will suffer from it. (COSTCO and the Markets will NOT be affected.)

    c) U.S. inflation last month remained the same as the month previous... leveling-off. (COSTCO and the Markets LIKE this.)

    d) Reversal of Roe v. Wade will upset society at-large. The U.S. Supreme Court will suffer a complete breakdown as a result of recent Justices perjuring themselves during Confirmation Hearings. (Abortion issues will NOT affect COSTCO or the Markets.)

    e) Four years of an totally incompetent (and criminal) Administration have led to enormous amounts of extreme 'irrational exuberance' (based on nothing) and a market condition that gains in the absence of real profits, increasingly empty top and bottom lines and a corporate environment that was drunk, high or both. Those God awful four years were witness to major corporations LEAVING American soil forcing U.S. dependence on dictatorial (Communist) regime's to supply the American people w/ medicines, machinery, equipment, chemicals... the list goes on forever. America now produces very little w/in the global marketplace. Current market corrections were inevitable, unavoidable and necessary. The damage done by the previous Administration will take years and years to correct... the price of an amateur pretending he knows what he's doing. (COSTCO and the Markets have become numb to this by now and will enjoy the forced, positive results that are the cure to the last Administration.)

    f) Immigration will remain an issue in the forefront as long as we have leaders who believe extremely costly 'walls' (that people can easily climb over) will actually stop them from entering the U.S. (COSTCO and the Markets saw through this right from the beginning and are NOT affected by it.)

    g) In spite of Putin's attempts to tell Americans who will sit in OUR White House, his current war crimes in Ukraine are serving only to greatly strengthen NATO against him. His threats have fallen on uninterested ears as Finland and Sweden prepare to join NATO's ranks in support of democracy. (COSTCO and the Markets realize that Putin has shot himself in the foot - they will NOT be affected.)
  • A
    ALF
    This stock went down a little more than I expected, but I think the bottom is now in. I am looking for a rally here and for the market in general. Sentiment simply got too negative, and we have spent too many weeks going down. Shorts will now cover and traders will pile in. Markets rarely move in straight lines.
  • S
    Samuel
    I’m new to this COST chatter, but not to being a long investor, including in COST. I’m interested in reading the investment thoughts that fly back and forth, regardless of whether I agree with them. However, there’s also lots of politically charged chatter and personal attacks which interfere with the investment chatter.

    As for COST—I think it’s an excellent long term investment. It’s not a tech-type investment even though it has risen greatly over the past few years. The business model is solid and management’s execution seems to have been excellent. The growth prospects seem to remain substantial, domestically and abroad. I’m especially curious about how the 2nd China store is doing and whether the 1st one is still a home run?

    The historical and forward PEs have been very high for a long while and that’s a factor. Lots of investors have made huge profits from this stock and I speculate many have been getting out the last month or so because the price is so high and the economy is in a fragile state at best.

    Looking forward long term, this company is a winner. Short term spikes and drops like those we’ve seen recently are part of the theater, but that’s not what COST is about.
  • -
    -
    Very long line to buy gas at Costco this morning. I went across the street to the Chevron station and paid 4 cents per gallon more. Not bad considering that Chevron will consistently give you better gas mileage. That’s why the car companies ONLY use Chevron gas for their EPA testing. Not worth a 45 minute line to save 4 cents.
  • m
    mivey
    For those who lost money on COST, check out ZIM. Their P/E is 1.5. They will be reporting massive profits on 5/17. Stock price should run up nicely until then and a few days after.
  • U
    UncleRemus
    I went to Costco today dropped $400 got home and realized I forgot half the things on the list . Now I am heading back to Costco . Dear Costco shareholders stop taking all my money
  • B
    BallSack
    I was hoping to retire one day in the near future...maybe not
  • M
    Mark
    So, looks like the last couple of weeks was all nerves about the FED. Some “free market” we have here
  • n
    naked2city
    Told you all here yesterday or the day before that it would bounce back lol. Costco has had this pull back before (more than once ) and then soon after, roared back! Its Costco! Its a shuck and Jive game with this. Stores are 100% constantly packed and sales are double digits. No way this is going -- or staying down for long. Up we go!
  • H
    Herman
    u had a good time shorts but time for bulls to start taking over now
  • T
    Tradergirl
    COST --- $800 - $1,000 by year end.
  • B
    Bruce
    Costco shares coming down covid over. Besides think about it. There higher then wallmart makes no sense. Where they making there money on membership fees. Besides that it's time to short this it's going down
  • s
    simple_simon_over
    Can you say margin compression? Diesel 6-7 a gallon, prices up 15-20%, and they only achieved 13% “growth”.

    When costs go UP, shipping goes WAY UP, and volume is flat to down, what happens to profits?

    Durrrrrr

    The fed has turned off the easy money tap. I guess most of you were in diapers in 2008 but I lived through it and learned a thing or two.
  • K
    Kel
    We're going North until earnings. Then if earnings are solid, going much higher. The market is brutal but I feel Costco is in the sweet spot going forward. I was at the store yesterday and I noticed, some people only had a dozen items and were lined up in the self check out. Every little bit you can save especially on food helps.
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