I've been wanting to get into longing COST for bit now, but I just cant seem to do it. I feel like it could drop lower, but COSTCO just seems like a good company overall but the market seems to scared of retailers going out of business via the web. I know people say TGT over costco beacuse of P/E, but I personally think COST is the better choice.
I would be selling off my FB position and putting it into this. I would gain about 4% from FB (bought before ER jump). Do you think $COST is worth it at current levels? Or should I just continue to ride the $FB train?
Submitted August 09, 2017 at 03:24AM by critaa