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10 pts

Opinion on  Costco Wholesale Corp (COST)     Sector: Services  >  Industry: Retail (Specialty)
Bullish on COST

Nov 03, 2008 02:26 AM GMT
Eagle_flight
Return Risk
+18.80% LOW
Sr. Analyst

Fundamental Analysis  

Even in hard times people don't stop buying.  They may re-evaluate how they spend and they may look for alternate ways to conserve but they don't stop shopping.  Most consumers instead come to the conclusion that they need to shop smarter and the warehouse outlets like Costco offer an opportunity for most folks to feel like they are shopping smarter.  Couple this with falling gas prices and we get a little breathing room, which usually stimulates a favorable perception, which then leads to more buying. 


COST:  This call was made on 11/03/08 @ $56.53
Rating:   Positive   $56.53 (11/03/08)
Gain/Loss:   +6.92% in 371 days


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Jpeg_sun4agk
Locationh   61%     1 point   commented 370 days ago reply

Great call on COST


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