Costco Wholesale Corporation (COST)

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.

Sold when the PE got crazy. Still a great business. Very expensive. Mag 7 will grow faster than COST.

Some said renewal rates weren't up to snuff, but whenever the price of gas jolts up, you buy Costco. But this current spike means you should wait on Costco.

Loves shopping here. They report Thursday. He wants to know how many people are renewing their memberships. 

It had a rough 2025, but up 16.7% this year. He loves their runway with the membership business. Still likes it long term.

Consumer staples space in the US has really been all about COST. Uptrend, then down, now recovered.

Wonderful business, adds a lot of value for customers. He struggles with the valuation, given its growth profile. To get a good longer-term return, you need earnings growth and multiple expansion.

WMT, as well as COST and DOL, are very defensive havens for investors. That's bid up the shares. PE ratios for the three are all north of 40x. With just a slight moderation in the PE, the overall return will still be flat. He'd be interested on a significant pullback. Be patient.

Is one of the greatest businesses on Earth. Customer satisfaction is off the chart, but at 50x PE the stock is too expensive. Not worth holding for 2 years, but 20 years, yes.

Secret sauce is ongoing ability to surprise and delight customers. Still likes, still holds.

Results were excellent, double-digit growth, yet pulled back along with others in 2025. You have to look at the chart -- stock's tripled since the pandemic. Could be the pause that refreshes. 

Very excited about it as long as it keeps on growing, and he sees no reason for it not to. Trades at a high valuation, but one of the most durable business models he's ever seen. It can add 30-35 stores a year for 20-30+ years. Membership can grow because it offers such good value. He adds on material pullbacks, such as drop to mid-$800 level.

Has long owned this. It's trading at a high 50x PE, above historic highs, but their numbers are coming through. The stock is bouncing. Stay long. He still likes it.