Costco Wholesale Corporation
52 Week High
52 Week Low
7 Days Mentions
Costco ($COST) delayed my washer and dryer for a third time . F*** you Costco. For this reason I bought puts with a 450 strike expiring in March. If I lose, I’ll call it a sacrifice to the WSB gods. If I win, I’m rolling it into GME. F*** the washer/dryer
If we dip hard over next 4-8 weeks into first first hike.....what are you looking to add to your long term port/leaps? For me port...MSFT, AMD, AAPL, COST, BA, GOOG....leaps on F, TTD, DIS, BF.B. Gamble on FUBO at $8, PLTR at $7
My personal "blue chip " stocks are MSFT, AAPL, MA, COST, GOOG, which all outperform SPY, which is why I hold them. Out of what you named, no, I don't see any point in holding stocks that underperform the index they're apart of.
SNAX 2022 guidance isnt given yet, but already it's probably trading at no more than 2.75x what 2022 revenue guidance will come in at & growing quickly, just launched a new brand which is successful out of the gate, is adding COST regions, is getting a test run in all COST locations in America soon, is adding new SKUs for WMT distribution, expanded into every 7-11, and is growing retail boxes at an unusually fast pace. It's vertically integrated & has a very attractive margin. Also adding new market segments for ancillary revenue (e.g. nutrition) in 2022, and recently completed a big funding offering so that negative's out of the way.
Oh, you mean they will have a variable ongoing cost related to it? Whelp, that's it, no company has ever figured out a way to charge enough t profit when a COST can happen MORE THAN ONCE. Liability issues really aren't a huge concern, you model them, you pay for them, it ends up just being a margin drag and nothing more. Do you think Amazon doesn't lost some revenue every time AWS has an issue?
COST is in my watch list I just cannot have too much retail and I do like Tesco better at current price levels. It's not to say COST isn't a good company its just that Tesco is as good but cheaper. Actually bit of note I need to check this still true before buying as Tesco being going up while the whole market has been falling for past few weeks.
I do like COST & TGT and may have to check where they trade now but my issue with the 2 has been the pricing into perfections already, and honestly, this is a personal thing no investment decision but I just don't understand COST customer appeal. It's not really a thing in Europe but they have one location in France which after the visit I concluded just sells mega bags that doesn't fit my trunk of everything for a price more expensive than my local supermarket 300 meters from my house. Selection is great I give you that.
So today I closed out my PLTR shares at a loss and swapped to Jan 2024 PLTR call debit spreads with a break even ITM and a max profit of 4x if PLTR is 18 by expiration. Way the fuck better than waiting around for $21 break even from the shares I had. Other than that, keeping cash on the sidelines until I can open some sweet sweet debit spreads on COST leaps.
$192b in sales, $4b in membership fees https://investor.costco.com/static-files/0878117f-7f3f-4a77-a9a5-c11a2534e94d But the PS ratio includes all revenue including sales and membership and looks back at the trailing 12 months (ttm.) So 203B market cap divided by $203b ttm sales is [1.07](https://www.google.com/search?q=217%2F2030 which is what [finviz](https://finviz.com/quote.ashx?t=COST) is showing right now.
Dividends aren't expensed through the income statement so you wouldn't add them. You're effectively comparing 2.4% vs 1.8% as you risk free rate It should be a comparison against companies of the same sector and against other sectors. And I think a lot of it is a gut check, how easy is it for this company to expand and grow. There's a reason we don't see COST warehouses popping up like McDonald's
I am not going to say people like COST are wrong since I like the stock too but it's great to see people caring valuation! COST earning yield + dividend yield, let's say 3% roughly, 10y t note is at 1.8% roughly. I am genuinely learning. How do value investors know for different sectors how much they want to pay for taking this additional risk? In this case, taking the risk of COST, paying 120bps spread above the risk free note? And how about for a different sector? Is looking at a couple of matured firms in the industry and taking the average the only way? Thanks!
Yep I'd take a 10 yr at 1.8% over COST at this point "Very Often" - [They've had 4, in the last 17 years](https://investor.costco.com/stock-information/dividend-history) 42 Forward P/E - Reiterating again that is not cheap for a retailer PEG - ~5.5 - Their earnings growth is priced in to be 8% anually How many years would it take for 8% compounding annually to go from .67% to 1.8%? I'll help, it's 14 years. So you're banking on an already overly bought stock to continue to be overly bought to make up that difference
\>put most of your non-necessary money in the market in December on the December dip into NVDA, TSLA, AMD, MSFT, COST Same, just replace COST with GOOGL. No margins involved thankfully and I still have some cash on the sidelines but this volatility also makes me want to go all-in on ETFs now.
Be like me: Step One: Keep cash in your bank all year in 2021 because “everything is overpriced, it’s got to come down” Step Two: Realize shit isn’t going down, put most of your non-necessary money in the market in December on the December dip into NVDA, TSLA, AMD, MSFT, COST Step Three: Watch your net worth decrease by 25% in two weeks
Came from a middle class family. My memories were that we were always living paycheck to paycheck from the 90s especially since we started going to college and dad had lots of expenses. Mom was stay at home. Some notable events that triggered my curiosity to think about investing * Read Rich Dad Poor Dad book in 2002ish - understood the concept of assets and liabilities and the idea of making money work for you. * Watched the stock market boom in 2004 and understood that there's something in there. * Saw a long term stock market chart going up when an insurance sales man tried to sell me insurance. That chart never got out of my mind. Got my first job early in 2005 after graduating in 2004 with no student debt. Initial pay was zero (was really an apprentice) but started getting a stipend in 3 months and they made me full time after five months. Started putting money aside and investing monthly from every paycheck into mutual funds. Started writing a blog in 2005 and within a few months, was making more money through revenue share than my regular job. So was making a good money for a single low-expense single guy. Kept topping up my investments as I had excess cash. Convinced my brother to contribute regularly into the stock market like I did. He started in 2005 but later cashed out in 2008 when the market started acting up and he needed cash for his wedding. He would have been a multimillionaire if he stayed the course. Tried to convince my parents but they didn't grow up knowing anything about investing and thought putting money in the stock market was "gambling" and this was a taboo in our family circles. Was single. Didn't waste money on silly girls and parties. Had fun though. Was focussed on my career. Was a descent saver. Lived on rent by sharing an apartment. Wasn't really perturbed by 2008 crisis as I was young, travelling due to work and didn't really know the mechanics of the economy. Was mainly focussing on my career and my paycheck. Was clueless about the economic crisis and personally felt my job was secure even though I worked at a major asset management firm in 2006 to 2007 and one of the big four banks during the time from 2008 to 2009. I kept topping up if I had excess cash. Didn't really look at price due to my ignorance. I got a bit savy with personal finance after reading a bit - so no debts, no credit card debt etc. I started churning credit cards to pile up points and miles as I learned you could save on flights through airline miles. Since 2010, I never paid for a flight ticket and have made around 75K worth of flights through accumulating points and miles with my family and extended family. Tried to get all the bank sign up cash bonuses I could during those times. I've now stopped that as we have sticky relationships with the banks where we have accounts. By 2010 I started looking at individual stocks. Slowly started buying individual stocks by cashing out mutual funds - bought stocks like DIS, AAPL, DLR, TGT, WMT, MCD, SBUX, COST, V, etc.... still hold these positions. Have had other positions have sold, bought, sold at various times over the years but reduced major selling since 2016. I only sell for rare reasons. Got married in 2011. She didn't make much... just had a stipend as she was still studying. But she was not a spend thrift, was clueless about investing and some $115K in student debt. Her retirement account was all cash. I changed the allocation and started maxing it out. I pretty much took over the finances. We were good at sticking with a budget, regularly saving, investing, no high debt, used tools like Mint to track finances, budget and set goals. Later in 2013, I started using personal capital and added that to the toolset. Kept paying slightly more in student debt so it would reduce principal. My wife finished her studies in 2016 and got a real job in late 2016 and started making 4x of what I was making. Prior to that, I was making 2x of what she was making. We paid off all the student debt, bought a house with 20% cash saved up over the years for a downpayment. Had always kept around 90% of financial assets in stocks. Reaching the million dollar mark in 2018. Right now have a low to mid 7 figure portfolio with 95% of networth in financial assets. 5% in cash. I've taken advantage of every tax advantaged vehicle I can think of since I got married .... IRA & Roth IRA (while it fell under income limits) Texas ORP, 403B, 401Ks, DCPs, 457s, 529s, DAF etc. Been filing my own taxes using software since 2007.
megacap retailers being strong/green (COST, TGT, WMT) I think proves that this super red three weeks have not been pure panic selling (except today, since VIX is up 30% in a single day FUCK), but a haircut in anticipation of rate hikes, so the better / lower P/E companies are being left more alone
I wouldn’t risk 40% if you aren’t extremely familiar with individual stocks and know what you are doing. This game is hard, especially over 20 years. My advice would to consider add some US Small Cap Value. Over a 20+ year timeframe it is the best performing asset. AVUV is my favorite. Just simply do 80% VTI, 20% AVUV. Or just 100% VTI if you would like, that works too. If you absolutely cannot resist individual stocks maybe just do something like 5-10% into stable names like GOOG, MSFT, AMZN, V/MA, DIS, COST, HD, you get the drill.
There is not a revision to the mean on ever single company. You are twisting and generalizing statistics. It sounds like you read this straight out of a book. Using your logic, all companies would have to maintain the same ROI and revenue over many years. That cuts out MSFT, COST, HD, NVDA, tons more.
Well, the big guys don't dump all their shares at once. They have been doing it slowly for about year now, probably more. So the all those shares being dumped are absorbed by current retail investors buying the dip and new investors coming in trying to get a piece of the stock market. I read a book a while ago, I forgot the title in how all this happens, is the same process over and over again. Of course the bigs guys might keep some stocks that are high value, such as Apple, Microsoft, COST, etc, they just probably reduce those positions.
>*Looking for home run or 0* This guy belongs here. 💖 LAC - I feel this is not understood by the masses, but there is currently not enough finished Li in existence on an annual basis to literally create the sum of all EVs modeled in all OEM's projections. Let alone smartphones, electric gadgets, tools, flying taxis (lol), etc... There are a bunch of possible Li investments, this is just one of them, but I like it because it's American (no Chinese or S.A. risk) & has rights to one of the largest undeveloped loads on the planet. Most other names are Australian & probably good investments too, but well-established, so not the risky "moon shot" you're looking for. SLDP - Also a bet on EV. Current Li batteries with liquid have serious limitations in terms of range, weight, safety, energy, etc.... & are very risky due to thermal runway (i.e. fires). If SLDP succeeds its Solid State batteries will be the new oil. There are several other companies working on SSB as well (HMC, TM, Factorial, LG Chem). SLDP has some catalysts for 2022, the biggest IMO should be handing over 100 Ah cells (which are EV sized) to both Ford & BMW (commercial partners) for EV qualification testing. Bulge analyst reports should be coming out soon too. SNAX - Not as risky as the above 2 as its consumer food & already crushed, but I expect it to double by YE22 once a few quarters of COST & WMT results plus additional growth are under its belt & demonstrated to the market. This needs eyeballs more than anything. They have \~90% market share on a product currently virtually unknown to American consumers. It's similar to beef jerkey, but much healthier (no sugar, no nitrates, no nitrates, fewer carbs, about double the protein). Company has a nice moat too, which is counterintuitive for a consumer food product. A recent offering provided them with \~$35M to build a 2nd plant to meet forward demand & support current launch activities, and cleverly, included a path to another \~$35M financing baked-in in warrant structure, so they shouldn't need money for several years now. Basically it helps provide financing that the company lost when the SPAC fell into the redemption hell many have.
Depends on your risk tolerance, but for the remainder of 2022 I like: HD, COST, MSFT, GOOG, PYPL, ETSY, CRM, AMZN. These are all 5 year holds for me. All sound companies with cash on hand. But tbh, what do I know lol
I turned off the sub before PLTR was all the rage. I have seen lots of people bullish on CLOV and WISH 5-6 months ago. Tickers are clunkers. WISH would have to really step up to compete with Amazon, and CLOV is a no name nobody. At least posts like [this](https://www.reddit.com/r/wallstreetbets/comments/s9gqoc/match_will_be_the_next_stock_to_absolutely_tank/) have basis in reality. And I don't mind throwing 500 dollars to get a position. That being said, I still don't understand why people here don't read the wikipedia page or company website before buying a ticker for company they don't use. Like I could easily by COST, TGT, or DOV because I'm familiar with those companies. Wikipedia is the basic litmus test to decide where to put your money. Though this market is a schizophrenic girlfriend on cocaine, so we gotta wait until she crashes.
Added to AAPL, COST, HD, GOOGL, DIS, JNJ, NVDA and AMZN long port. Grabbed another 1/28 450 call to bring down basis to 5.55. Sold my 435puts for a C note. Ill take it on a day like this. Calls are completely red atm. Lets hope the market doesnt go full regard today or next week.
AMZN under 3k today. AAPL, GOOGL, NFLX all falling. I would like to add to MSFT, NVDA, GOOGL, AMZN, AAPL, AMD, COST, HD today. It’s gonna be a rough year but for a long port, I think they are getting more reasonable. Not totally sold on NVDA, AMD or AAPL yet but may still nibble.
I remember back in November after NET, NVDA, COST and such were bouncing off the moon. Everyone thought Wall Street was genuinely handing retail traders free money and were convinced a rug pull is impossible. While making squinty eyes and saying Chinese stocks trading yearly lows were "high risk" while NVDA at 300$ was safe.......cause...communism. ​ Hope that anus isn't too loose.
You are correct in this regard. I feel that largely, this isn’t a small cap/large cap correction, this is a high p/e correction. There are many small caps that are not high p/e that are doing, compared to high p/e, well. NVDA is large for example, it is down 25% roughly from high. Meanwhile, Qualcomm is down 11%, INTC is down 7% (from recent high). COST is down roughly 15% since Dec 29th, BJ, a small cap, is down 12% in the same period. WMT is large like Costco, in a somewhat similar industry, and is only down 1% in that period. It’s pretty much all high p/e companies. The major indexes are made largely of relatively moderate p/e companies. Regardless, I would say the average American that is invested is likely invested in some S&P 500 fund variation. The American investor, on average, hasn’t felt it yet.
You can absolutely use P/E in this case to gauge market sentiment on the growth prospects of AMD vs COST. Cast all your qualitative liberal arts thinking aside analyze it on a purely numerical level. A similar P/E, no matter the industry, tells us that the market thinks the companies growth prospects are similar. Then you can begin to draw your qualitative conclusions.
Because of COVID? No this is a long-term supply issue. Biden isn't funding the production of semiconductor plants in America to patch up a supply issue due to COVID ... lol. There is no way that P/E works dude ... I don't think you understand what it actually is. It is just a simple calculation that can be used to measure relative price of stocks. I used COST as an example because the other post suggested the semiconductor industry P/E is too high, you're taking my posts out of context and that really hurts your argument.
AMD has a lower PE ratio than COST. AMD increased revenue 50% last 2 years, COST 17%. As for what they produce, they produce CPUs and GPUs. You understand that these are going to be in ridiculously high demand with increased gaming, cloud computing, IOT, among others. You're saying it's a meme but but they earned over $1B just in the last quarter. I'm pretty sure you got this confused with AMC which is an honest mistake, but a little bit embarassing for you.
I am a fucking idiot, let me tell you. I cash out small gains and lose big on conviction plays I refuse to sell. Here is the answer: YOU CAN REBUY LOWER. STOP FUCKING AVERAGING DOWN. THERE IS NO REASON TO SUFFER THROUGH A DAY OF PAIN AND THETA AND POSITION MOVING AGAINST YOU, WHEN YOU CAN JUST DAY TRADE INTO A LOWER COST BASIS.
Was thinking of trying some more short term trades but decided to retreat for the day. I did add to COST, MSFT and AAPL shares with the gains from my calls. Sold out of INTC shares for about 7%. It wasnt a lot money but I see some downside to INTC in the short term. I would like to get back in around 48-50. I think we will close this week (very volatile) with SPY at 450 and QQQ closing below 10% (367). Might see a small pump next week to mid 450s but I think it will drag lower after. I hope Im wrong, but I cant see the market getting any traction until mid-year.
I'm still learning and not ready to trade so just poking around here. But given the recent drop in COST, do you think there's a great long term LEAP play there given Costco's consistent growth year over year? Curious if any of you have a play on COST, if so, what is it? Thanks for all the advice here.