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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…
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…
Eric Thayer Costco (NASDAQ:COST) experienced an exceptionally strong q1’24 in revenue across all segments and membership growth. With margins widening towards FY21 levels, the big question is whether Costco will be able to maintain this level of growth and profitability. With an anticipated 33 new warehouses opening in 2024, strong 90.50% global renewal rates, and…
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…
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…
YvanDube I’ve had my eye on Costco Wholesale Corporation (NASDAQ:COST) for a long time now. This is my first time covering the company on Seeking Alpha, and I initiate my coverage with a “HOLD” rating. Costco has always intrigued me because it consistently trades at high valuations. Right now, the stock is trading at a…
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…
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…