Costco Wholesale Corporation (COST)

Inflation is really hard out there. Real pressure to save money, and this name is among the low-cost providers. Sees it continuing to do well, despite a difficult environment for so many people.

High valuation but is growing double digits, which it should do so for years. They have the lowest prices of products compared to peers. A lot of room to expand location. A great business model. He will hold this forever.

Buy some now at 47x PE, then more at 45x. Likes it. Is up 13% this year

A buy-and-hold forever. Omnichannel retailer, as it's increasingly seeing acceleration in e-commerce and delivery channels.

He wrote an in-the-money call at $985. It was trading over $1,000 yesterday down to $950 today. He covered half the position and just closed it out at $5. He netted a $22 profit. Earnings were good, as expected. You can add to it at these levels, despite the high PE.

She once owned it for many years, but the chart is now broken. People are concerned that their growth and high multiple are in jeopardy.

Both great companies, but both very expensive. COST is over 50x PE, and WMT's in the 40s. Fairly low-margin model. Reliant on the consumer, and everyone's affected when that consumer is struggling.

WMT reported today. Earnings were OK, but projections on future quarters were tough. High fuel prices were highlighted.

No valuation concerns, as it's been expensive every day he's looked at it over 30 years. Compounded shareholder total return of 17.5% since its IPO. Third-largest retailer in the world. Procurement clout and supply-chain efficiencies produce gross margins of 11%. Still expanding store count. Periodically increases membership fees. Superior same-store sales performance driven by traffic and basket size.

Lots of ways to win. Yield is 0.59%.

The only consumer staples he owns are COST and KO, which are still growing.

Leave some $$ in your technology sleeve to allocate to one of the end users -- an industrial (TT) or big US bank (JPM or Citi) or retail/logistics (WMT or COST).

A good name to hold in consumer staples when people panic about market volatility, recession, or the like. Defensive plus steady growth. Runup since January, now trending sideways. Business model is what makes it stand out.

Sees ~11-12% upside from here. Of course, that could change. Ranks 10/10 for her.

Sold it back in October, at just a bit lower than trading right now. Great business model, but the valuation was overdone.