Hey, I'm new to stocks and over the past few weeks I've been researching and watching the market to learn more about it. I wanted to see what the community thought of Costco at it's current price $151.00. It's currently at a lower then it was last year. P/E 26.17 (granted P/E is not everything).

Bull: The amazon and whole food reaction seems to be overblown and sales did go up 6% in June compared to last year.

Bear: Costco growth won't continue as it has been and the current price is overvalued so the market is correcting.

Is Costco a falling knife or is it undervalued and a cheap time to buy in?

I'm just looking for some opinions and methodology behind it.

Submitted July 10, 2017 at 04:47PM by AtrumCanis


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