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farakos Introduction Amid parabolic stock moves in the technology sector, the murmurs of an AI bubble are growing louder and louder; however, nosebleed stock valuations are not limited to the Nvidias of the world. Costco Wholesale Corporation (NASDAQ:COST), a mature retail giant, is up ~50% over the last year, building on top of a parabolic…
slobo A few months ago, we wrote an article about Costco (NASDAQ:COST). In that piece, we talked about how the combination of the company’s consistent growth, continued buybacks, strong momentum, and reasonable valuation were promising factors that could lead to long-term outperformance for shareholders of the stock. Fast-forward to today, and it’s certainly been the…
Joe Raedle/Getty Images News Costco’s (NASDAQ:COST) gold bars and hot dogs haven’t been the only things people have been lining up for. The company’s shares themselves have been one of the most lucrative investments over the past year. A day prior to the Q2 earnings release, shares were up nearly 65% in the last year….
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Steve Heap/The Image Bank Unreleased via Getty Images Intro Costco Wholesale Corporation (NASDAQ:COST), a retail giant renowned for its warehouse club model, has consistently demonstrated its resilience and financial strength over the years. Over a five-year span, the stock returned more than 250%, easily clearing the S&P 500 in the same time period, which was…
TommL The Company Costco Wholesale Corporation (NASDAQ:COST) is a $300 billion market cap firm operating membership warehouses worldwide, selling diverse products. Established in 1976, it offers branded and private-label items across various categories, including groceries, electronics, and apparel. As of the latest data the firm employs over 316,000 employees worldwide, operating 870 warehouses (68.9% in…
heywoody/iStock via Getty Images Introduction Pretty close to exactly one year ago, I wrote my first article on Costco Wholesale (NASDAQ:COST), which was very well received. To this day, I think that article called “Costco Wholesale: A Union For Consumers” is one of the best pieces I have written on this platform. COST delivered a…
jetcityimage/iStock Editorial via Getty Images Costco Wholesale Corporation (NASDAQ:COST) announced fiscal Q1 2024 results that once again beat expectations. Revenue grew 6.2% to $58.8 billion EPS of $3.58 beating by $0.16. Costco remains a non-stop company that continues to expand warehouses all over the world. Comparable sales increased 3.8% YoY, excluding gas and foreign exchange…
Eric Thayer Listen below or on the go on Apple Podcasts and Spotify Costco (COST) tops profit estimates, doles out $6.7B in special dividends. (00:25) Tesla (TSLA) bags incentives worth $153M for Mexico gigafactory. (01:25) FDA warns companies including Chewy (CHWY) over unapproved antimicrobial animal drugs. (02:22) This is an abridged transcript of the podcast….
Win McNamee BJ’s Wholesale Club (NYSE:BJ) trades at a discount compared to retail giants like Costco (NASDAQ:COST). Operating with a similar business model, investors who are deterred by Costco’s relatively higher P/E, seek what on paper seems like a bargain. Some market participants even claim that BJ’s is the next Costco, based solely on the…
Monika Graff Investment Thesis In the shadow of the well-established and high-performing retail giant, Costco, stands BJ’s Wholesale Club Holdings (NYSE:BJ), a comparable business operating on a smaller scale. Remarkably, over the past five years, BJ’s has not only delivered superior returns in its share price but currently trades at less than half the multiple…
Dragon Claws We previously covered Costco Wholesale Corporation (NASDAQ:COST) in September 2023, discussing its similarity to the Apple Inc. (AAPL) stock, with both stocks boasting exemplary support from existing members/ users and long-term shareholders. We had also reckoned that the COST management might soon raise its membership fees, based on its upcoming six-year anniversary, naturally…
paolo_hppd Introduction A year ago, I shared on Seeking Alpha the reasons why I am long Airbnb (NASDAQ:ABNB). The stock has gone through high volatility since then, trading down into the $80s and then moving back up to $150, before retracing back to the current level. Recently, Airbnb has been added to the S&P500. The…
Eric Thayer/Getty Images News Costco: (NASDAQ:COST) reported fourth-quarter earnings per share (EPS) of $4.86, beating analyst expectations by $0.07. Revenue came in at $78.94 billion, also beating expectations by $1.22 billion. Comparable sales increased 1.1% year-over-year, excluding gas and foreign exchange effects. However, comparable sales in the United States were flat, as gas deflation and…
Over the past three years, Costco has gained momentum, benefiting from trends such as increased home cooking, millennials moving into larger suburban homes, and inflation driving shoppers to seek value through memberships at warehouse clubs. Membership-based retail giant Costco Wholesale Corp (NASDAQ: COST) recently announced its quarterly earnings and the results were nothing short of…
Art Wager Costco Wholesale (NASDAQ:COST), with a fortress-like financial foundation, a wide and durable moat, and a transparent and long growth runway, stands out among prospective investments. Those factors undoubtedly play into the 22% gain the shares tallied this year, and when weighing the many positives associated with the company, the most likely question on…
Phil Walter/Getty Images News Almost a year ago I published an article analyzing briefly Costco (NASDAQ:COST) and my rushed conclusion was that investors should sell and find better opportunities in the market. One thing that I have learnt from experience is that investors should never try to get rid themselves of a wonderful business. I…
champc Walmart (WMT) is now trading at an all-time-high, although the so-called breakout above the May ’22 highs around $160 has been on below-average volume. Some might argue with the sideways market the last 2 months. Investors have gravitated to consumer staples like Walmart, but staples actually were trading weaker when Walmart moved solidly above…
BING-JHEN HONG Investment Thesis I believe Costco Wholesale Corporation (NASDAQ:COST) stock is a hold at its current valuation. While the company has a robust business model that leverages economies of scale and maintains low-profit margins, forming a virtuous cycle of customer loyalty and competitive advantage, the investment outlook is less clear. The company’s focus on…
ptasha/iStock via Getty Images The COST Investment Thesis May Never Come Cheap We previously covered Costco Wholesale Corp. (NASDAQ:COST) in June 2023, discussing its excellent prospects as inflation abated and comparable sales expanded. Thanks to the elevated interest rate environment, more consumers also flocked to COST due to its attractively priced offerings, triggering its all-time…