Buy, Sell or Hold: Costco Wholesale (COST-Q) — Stock Predictions at Stockchase

NASDAQ:COST

480.30

13.90 (2.98%) 1d

Showing 1 to 15 of 257 entries

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TOP PICK

Costco Wholesale Corp. engages in the operation of membership warehouses. Its product categories include food and sundries, hardlines, fresh foods, softlines, and ancillary. It operates through the following segments: Unites States Operations, Canadian Operations, and Other International Operations. The company was founded by James D. Sinegal and Jeffrey H. Brotman in 1983 and is headquartered in Issaquah, WA. Social media mentions are up 600% in the past 24h.

department stores

BUY on WEAKNESS

Is best in show. The street worries about its margins, but that's wrong. Costco believes in sales growth which he expects to be good. People hate these kinds of stocks now.

department stores

TOP PICK

If you own this and Amazon, you're covered in retail--online and brick/mortar. Their membership model is genius--customers keeps coming back. As Costco grows, their international footprint expands. (Analysts’ price target is $567.81)

department stores

BUY

A Covid winner with staying power It peaked in April then got hit hard on recessionary fears. But that was a buying opportunity and is now coming back. It's ridiculous it was considered a Covid play, because Costco offers great discounts from being in bulk. Fine for a recession.

department stores

TOP PICK

Expecting company to benefit from pricing power during inflationary time. Stickiness of membership is very strong element of the company. Strong business model with excellent management. Slowing economy will present opportunity as more customers shop for low priced goods.

department stores

HOLD

Likes consumer staples when the economy decelerates. COST is different from WMT and TGT, in that its membership renewal rate is very high. Tightly controlled selection means they can demand lower pricing for volume.

department stores

BUY

Sales were up 20% in June and traffic up 10% though trading at a slightly pricey 36x.

department stores

TOP PICK

Has picked it before. They boast $225 billion revenues are expected in the US this year; they continue to build that revenue, despite the pandemic. They enjoy strong loyalty; 92% membership renewal rate. Efficient, clean stores encourage high store traffic. They sell a concentrated number of items vs. other retailers. Customers are higher-income. This offers growth and defence. (Analysts’ price target is $557.81)

department stores

BUY on WEAKNESS

Valuation in mid-30s has always been outside his comfort zone. One misstep creates a lot of air beneath it. Great model, as 90% of earnings come from membership fees. He'd buy on a lower multiple. Confidence in long-term leadership.

department stores

SELL

Model price of $255, negative 42%. No history of stock splits. Would have to get back to $277 before he'd be even remotely interested. Consumer discretionary will get hurt in a recession. A lot of air will come out. Earnings today after the close.

department stores

WATCH

It reports next week. He's watching it closely, but it's a fragmented market with operator working differently. He expects good numbers.

department stores

WATCH

75% of their business is recurring membership fees that may rise this summer. A stellar company with a good balance sheet. It's on her list. Trades at 31x and down 27% YTD, so it's getting interesting.

department stores

BUY

They get a lot of foot traffic for gas; revenues are sustainable. They could report better next week than expected.

department stores

WAIT

Best in class. Not cheap for a value investor. Would be on his radar screen if it came down another 10-15%. Brilliant management, great company.

department stores

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PAST TOP PICK

(A Top Pick Feb 25/21, Up 55.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with COST has triggered its stop at $520. To remain disciplined we recommend covering the position at this time.

department stores

Showing 1 to 15 of 257 entries

Costco Wholesale(COST-Q) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 31

Neutral - Hold Signals / Votes : 4

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 36

Stockchase rating for Costco Wholesale is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Costco Wholesale(COST-Q) Frequently Asked Questions

What is Costco Wholesale stock symbol?

Costco Wholesale is a American stock, trading under the symbol COST-Q on the NASDAQ (COST). It is usually referred to as NASDAQ:COST or COST-Q

Is Costco Wholesale a buy or a sell?

In the last year, 36 stock analysts published opinions about COST-Q. 31 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Costco Wholesale.

Is Costco Wholesale a good investment or a top pick?

Costco Wholesale was recommended as a Top Pick by on . Read the latest stock experts ratings for Costco Wholesale.

Why is Costco Wholesale stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Costco Wholesale worth watching?

36 stock analysts on Stockchase covered Costco Wholesale In the last year. It is a trending stock that is worth watching.

What is Costco Wholesale stock price?

On 2022-09-26, Costco Wholesale (COST-Q) stock closed at a price of $480.3.

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