NASDAQ:COST

Costco Wholesale Corporation (COST)

921.63
+11.29 (1.24%)
as of Oct 1, 2026, 3:38:26 pm Market Open.
656 watching
0
HOLD
Very expensive here. Model price of $281, a 50% overvaluation. If he owned it, he'd hold. He doesn't see a novice entry point until $360.
PAST TOP PICK
(A Top Pick Mar 04/21, Up 73%) Benefited from pandemic, will benefit from higher food prices. Same store sales up 11%. High expectations, so expect stock to move down or sideways for a while. Great business that continues to grow. Good pricing power.
BUY ON WEAKNESS
It reports Thursday. He loves shopping there and owning the stock. If there isn't a rise in membership and/or a special dividend announced, expects shares to momentarily dip--so buy.
BUY ON WEAKNESS
Still likes it. Bit of a premium, for good reason. Membership renewals are 90%. Sales per square foot better than everyone. 200-day MA is sweeping upward. Buying opportunity with recent volatility. Great, defensive growth retailer.
BUY
More economically sensitive, so when the economy's doing well people spend a bit more money.
BUY ON WEAKNESS
Amazing company. He missed it. Not cheap enough for him to step in. He'd need it to fall another 15%. He'd love to own it. Great demographic. Consistent profitability, great execution.
PAST TOP PICK
(A Top Pick Jun 04/21, Up 24%) A great business model because it keeps bringing customers back, and not buying from them online so much. They endured the pandemic pretty well, but should continue to thrive after Covid.
BUY ON WEAKNESS
Believes company is well run and a great business. Lower stock prices are simply a correction. Strong moat and competitive advantage. Waiting for stock price to come down before will buy stock. Buy on weakness.
BUY
Down 12% in the past month. Sells at 37x PE. It's both both a pandemic and non-pandemic play. It is the best retailer in the world and last reported unbelievable numbers.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Feb 25/21, Up 47.8%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with COST is progressing well. We now recommend trailing up the stop (from $380) to $470
HOLD
If a long term investor, hold the stock. Believes company is the best retailer in North America. Valuations may swing up and down, but good to keep owning the stock. Company money is made from membership dues, not from product sales (low margins).
COMMENT
Zero chance that company will compete with Amazon. Valuation is high, but still owns the company. Excessive trading multiples are justified. If you own the stock, stick with it.
BUY ON WEAKNESS
Costco is exceptional business. Valuation relative to peers stands out (higher). Membership basis is very sticky. Prefers Dollar Tree over Costco. Wait to buy on market weakness.
PARTIAL BUY
Always looks expensive, as do all well run and successful companies. Just keeps appreciating in value, subject to the occasional whim of the markets. Great free cashflow generator, good balance sheet, habit of special dividends. Scale into it on dips. Lots of room to run for the long haul.
BUY
The brilliant Charlie Munger praised this recently. Customers trust Costco which has enormous pricing power--it can raise membership prices, but chooses not to in order to please loyal customers. That membership fee is a huge bargain. Munger thinks it's futile to compete with them, and they could rival Amazon online. They narrowly missed their recent quarter, so some Wall Streeters overreacted and sold. Definitely buy this. Long beyond the short term and look long.
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