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Costco Wholesale Corporation (COST)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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528.38-13.64 (-2.52%)
As of 01:13PM EST. Market open.
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  • M
    Matt
    As I said earlier this week. Way over valued. 47 PE on anomalous earnings in the TTM is going to more like 60-70 when spending returns to normal levels. An established wholesaler being priced like a growth stock is not sustainable. Go look at AMD, PE of 44 with insane growth due to chip shortages. AAPL, FB, MSFT all lower than COST. Something is wrong, and there is going to be a big correction after earnings.
    Bearish
  • A
    Anonymous
    In 2.5 years I have made 7 buys. Average cost about $280 so up about 90 percent. The only other stock that did this well is Paychex in the last 30 years. Every now and then these great stocks come along and it great to have a couple. Tom
  • T
    Tradergirl
    One of the problems of the 'inexperienced' is that, prior to earnings calls, they automatically equate falling share price w/ horrible numbers release.

    Everyone here is doing just this.
  • M
    Mi
    But why we have a free falling this morning from 548 to 529? I didn’t see any negative news, or it’s just people are shorting ?
  • M
    Mi
    No worries. I didn’t buy yesterday, but set a buy limit order at 530. And it just automatically triggered a few minutes ago. I immediately set a trailing stop order at 12% for it, just in case.
  • O
    Oregon flowers
    New Costco under construction in South Salem, Oregon $$$ neighborhood, very close to I-5 freeway looks huge all that land graveled, and the building under construction.
    Bullish
  • M
    Mi
    Is it a good time to entry or wait until the earning call?
  • R
    Ruth
    I see a split coming on the ninth plus a dividend hike
  • H
    Herman
    load up one of the few safe havens in market until hedge funds stop selling off
    Bullish
  • M
    Matt
    In 2021 revenues and earnings skyrocketed from pent-up demand. A PE ratio of 47 is high, and it's going to be even higher next year when spending returns to normal levels after the spike. People are expecting a lot from this earnings report ... I expect it to be underwhelming which may cause stockholders to panic sell similar to other stocks in the market in the last few weeks.
    Bearish
  • M
    Mike
    When selling, institutions do that in lots every few days, so the stock does not collapse before they get their profits out.
    By the time the rest of the pack figures it out, big players are out.
    Watch below!
    Neutral
  • E
    Edward
    INCREDIBLE! Hits a 'fresh' ALL TIME HIGH. Many 'talking heads' on the business networks call it over-valued......that was days and weeks ago. Yeah, it may be 'over-valued' but for a reason. They can increase prices, get PRODUCT (using their own cargo ships now), and selling those memberships which increase yearly AND more customers join. Go to the stores.....they're packed which carts full of merchandise. Their guarantee on quality is like no other. Anybody feels comfortable buying there ---- ample parking, easy returns, and
    fast moving lines. They are really the BEST OF BREED in the retail business!
  • J
    James
    maybe we got us a good ole ER LEAK
  • T
    Tradergirl
    I see a new leg-up now that we've entered a new month. End-of-month profit-taking for November is over and we have a couple of weeks to climb again before any 'late' end-of-year selling occurs but I don't see this hitting Costco hard, if at all... more of a non-event. Costco's end-of-year selling ended in late September w/ the new fiscal year approaching.

    There is nothing in the way of continuing Costco's current trend-up... one that began 3/5/2021. At the moment, the stock is way oversold w/ nothing between it and an overbought condition.

    Next leg-up: likely good for another $40 - $60/shr. from here.

    [I still will not be surprised to see $600 sometime during January '22.]
  • v
    vedran
    If you’re wondering why it dipped, it’s because I finally bought in yesterday. Sorry guys :(
  • C
    Code
    I avoid Costco during busy times, but on Monday before Thanksgiving, I needed to pick up some last minute items and prescriptions for my boys as they just had oral surgery. I can't speak for all Costcos, but the one I normally go to was so busy. I couldn't find parking. Cars and cars kept pouring in as if Costco was giving away free stuff or items were so cheap. I was pretty upset but then I calmed down and reminded myself that what's bad for me as a shopper is good for me as a shareholder.
  • H
    Herman
    no worries longs know were going higher
    Bullish
  • k
    ken
    has anyone considered the possibility of a supply chain issue being addressed for ER. a friend just sent me pics of a local Costco.. the shelves are very empty.
    Neutral
  • T
    Tom
    We could see a membership price increase !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    for 2022
  • R
    Ray
    Hedge funds and institutions selling. Thats okay, will buy after earnings.
    Bullish
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