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Costco Wholesale

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COST trade ideas

Costco Wholesale deep diving into the fundamentals Sale Post ER?NASDAQ:COST is an interesting company that benefits from inflationary conditions where consumers are looking for cheaper products or more product for their money. Costco is aided from its membership business model. The Stock itself rallied 38.35% YTD "Year to Date" and 60.79% in the last Year "365 Days" I personally like the stock but think due to the valuation like the PE Ratio that is high to me personally, and the forward PE Ratio doesn't seem like the best price to me as a new investor with a short term interest, I would not personally add this stock to my portfolio until I see the stock pull-back in Share Price, Price to sales seems decent but I am hoping for a share price pullback which may never happen. I Put an idea/Chart that I Would not be too surprised if it played out that way but it could also be inaccurate. Only Time Will Tell! I am not initiating Buy, Sell, Or Hold Opinions and you should take No action suggestion ------------------- Balance Sheet: Cash: US$11.50b Debt: US$6.91b Total Liabilities: US$46.14b Total Assets: US$67.91b Debt to Equity Ratio: 31.7% ------------------- Technicals: RSI: 59 Short Interest: 1.66% ------------------- Valuation: PE Ratio: 56.1x Forward PE Ratio: 52.3x Price to Sales: 1.6x Price to book Ratio: 18.5x ------------------- Management Ratios Return On Equity: 32.9% Return On Capital Employed: 27.7% Return On Assets: 9.9% ------------------- Disclaimer: I am not a financial advisor and in no way am I signaling a sell, buy, or hold opinion on this stock (Costco Wholesale) I am just giving my personal opinion as a hobby trader, I have no certifications and I am not a financial analyst or a financial advisor, I also may be wrong about how I feel about the stock. I want you to do plenty more research on this and the stocks you are interested in because the stock market always holds a lot of risk that may pose different risks and overall be different for each investor and trader. Please do not make opinions based on this idea or any idea. Please be careful! this post is only for conversation. ------------------- Idea: ------------------- Source: SimplyWallSt for the Balance Sheet Numbers & Balance Sheet information.
NASDAQ:COSTShort
by BullishCanadianInvestor
2
COST (2) - New TargetsCOST continues to have the support of FiboClouds for appreciation within the H4 to W timeframe, which is sufficient to reach the first target and attempt further targets, provided that the stop loss is properly repositioned at the time of the first partial realization. If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was opened. In this way, the journey towards the final target will proceed with reduced risk of losses and the preservation of partial gains achieved so far. Follow us to receive notifications of new trades, as well as frequent updates on ongoing trades. Finally, if you agree with the idea or found it useful, please give it a BOOST so that it can reach a larger number of people!
NASDAQ:COSTLong
by EthosInvest
1
Costco Bear HuntJust in case there will be events and information that might lead to a bearish mood for this stock, here are some elements that might act as support/resistance in the evolution of the price. There is also the potential of a continuation after a rebound from one of the elements on the up which should probably not be disconsidered. Coco Bongo Stuff. Not sure this will break the record of the Pinball Job on AAPL. At least 3 rebounds would suffice, although ONE could be just enough. One thing to look out in candlestick analysis for this specific project, will be Candlestick Shadows, Especially if they appear in formations of more than one near the price same level. Earnings coming soon, and if the price jumps up on good numbers and news, will still be looking for potential rebounds from the elements left for potential corrections, or even turnarounds.
NASDAQ:COST
by nen
COST, a Portfolio gem -- buy on dips / bargains, STABLE GROWTH.COST has been a staple go-to-retail outlet to US consumers. Costco Wholesale Corporation operates an international chain of membership warehouses, mainly under the "Costco Wholesale" name, that carry quality, brand-name merchandise at substantially lower prices than are typically found at conventional wholesale or retail sources. It has been a rosier season for COST, as they beat earnings across the board in their recent quaretly fiscal data. (USD) May 2024 Y/Y Revenue 58.52B 9.07% Net income 1.68B 29.11% Diluted EPS 3.78 29.01% Net profit margin 2.87% 18.11% Operating income 2.2B 11.13% Net change in cash 1.31B 374.42% Cash on hand - - Cost of revenue 51.17B 9.16% The retail company has seen a +20% surge in the the last 8 weeks jumping from 700 to 850 range. Growth will be inevitable going forward as the company undergoes aggressive expansion and marketing campaigns to beat their counterparts with the likes of TARGET, etc. The current price of COST is already at premium levels. We may want to see a trim down to EQL levels before re-entering. But this only applies if your swing trading this, otherwise, if you're into investing mode and plan to hold it for a bit, this won't matter. At this point, profit-taking event may be inevitable anytime now, but just the same, it will be an opportunity to buy the stock on a discount when that time comes. TAYOR.
NASDAQ:COSTLong
by JSAL
5/30/24 - $cost - bad risk reward, what's not priced in?5/30/24 - vrockstar - NASDAQ:COST - i get it guys we're in a recession and everyone has become the poors and costco is for good times and bad and especially in bad times. but 10% eps growth and 50x on 2025 EPS? GTFO. i'm not going to knock you if you own this - awesome play so far - but good lawd take some nacho off the table here. this isn't a tech-gonna-scale-eat-yo-mama-lunch forever sort of company. probably does compound into this valuation but over what 2-3-4 years? i'm not gonna short this with retail en fuego, but if i owned it - i'd be selling the whole position or most of it at this valuation. it makes zero sense at this point going into EPS w/ where rates are, risk becoming toppy. h3ll you can buy CRM with better EPS growth by 2x at less than 1/2 of the valuation and even that isn't an obvious entry px (though i've started entering). be safe guys on this one. i'd look elsewhere. maybe you can tell me where i'm missing the boat and they've just announced a teleportation booth that gives members to free travel worldwide. head scratcher. gl to all - at this pt, you'll need it for more than 10-15% upside. downside is probably 20-30% in the 1-2y context, i'd think. bad R/R
NASDAQ:COSTShort
by VROCKSTAR
1
COST: Technical Strength Ahead of EarningsMuch of the Consumer Defensive industry and most Discount Stores have been in decline due to rising inflation. Many stores are struggling with lower revenues due to higher costs and their customers being more frugal during rising inflation periods. NASDAQ:COST is an exception with its massive strategy to buy food and common consumer necessities directly from producers and manufacturers and then use the Costco private label, Kirkland. The quality of the packaged food or clothing or other consumer product is the same, but with its ability to buy huge quantities, it has higher revenue growth after the pandemic that other stores would envy. The stock needs to settle into a sideways or platform trend to pattern out some excessive pricing structure from last quarter. It reports May 30th and the trend implies that the report should meet or exceed estimates. The previous Fundamental level is a Dark Pool Buy Zone, providing solid support. Pro traders followed that with a new pattern I call "the Nudge" which tends to lead upward momentum.
NASDAQ:COSTLong
by MarthaStokesCMT-TechniTrader