COMMENT
It's okay. The whole industry is under assault though. It's merely okay. Well-run.
BUY
Among the vaccine stocks, he feels safe with this. They're coming out with their Covid pill treatment.
DON'T BUY
No. This is Amazon roadkill. You don't need this.
DON'T BUY
He owned this in the teens then sold in the 40s-50s. He didn't want to get greedy. He's never looked back.
DON'T BUY
At $9, you could buy it, but this had a weak quarter. Run by a good CEO and Constellation Brands has a stake in it. Problem is, he doesn't like the cannabis business--it's overhyped like gambling now.
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.