$Costco (COST.US)$ down after hours despite bottom line beat...
$Costco (COST.US)$ down after hours despite bottom line beat.
Reason: massive deceleration in February despite CNY tailwind.
Great company, but the consumer is rolling over and you can't squeeze enough blood from a turnip to justify this multiple.
Skate to where the puck is going.
Reason: massive deceleration in February despite CNY tailwind.
Great company, but the consumer is rolling over and you can't squeeze enough blood from a turnip to justify this multiple.
Skate to where the puck is going.
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