Here are the levels to watch as COST tests the waters over the the 90 day POC. Needs to clear 944.28 to get to clearer waters. Open GAP @ 920 to the downside worth keeping and eye on if market is weak. $Costco (COST.US)$
Market Status: Multiple Pressures Behind the Correction On March 18, the S&P 500 closed at 5,614.66, down 10.1% from its February 19 peak, marking the first correction since October 2023. This decline occurred in just 3.5 weeks, much faster than the nearly 3-month correction in 2023. The index erased all gains from the "Trump rally" since November 2024, reflecting concerns over tariffs, stagflation, and supply chain issues...
It's widely known that buying quality companies is a sound strategy, but many forget that valuation is just as important. In the late 1990s, both stocks traded at high P/E ratios—Costco above 30 and Walmart above 40. Investors paid a premium, expecting continued growth. But what followed was over a decade of stagnation. Walmart’s stock didn’t break out of its range until 2011. Costco, despite strong business growth, stayed flat until 2010. The issue wasn’t t...
8
2
Report
Biden’s SugarBabe
:
multiple compression and earnings growth can lead to price stagnation longer than we thought we could accept
No•Bull•Value
OP
:
Exactly! eventually their prices ticked up after valuations caught up, but by then I’d bet some retail investors had thrown in the towel. rhe piint is no one is forcing us to buy when valuations are high.
U.S leading technology companies with strong market presence, influential in their industries, and notable for robust innovation and profitability. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in U.S Tech Companies, ranked from highest to lowest based on real-time market data. U.S leading technology companies with strong market presence, influential in their industries, and notable for robust innovation and profitability. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in U.S Tech Companies, ranked from highest to lowest based on real-time market data.
Costco Stock Forum
$Costco (COST.US)$
On March 18, the S&P 500 closed at 5,614.66, down 10.1% from its February 19 peak, marking the first correction since October 2023. This decline occurred in just 3.5 weeks, much faster than the nearly 3-month correction in 2023. The index erased all gains from the "Trump rally" since November 2024, reflecting concerns over tariffs, stagflation, and supply chain issues...
In the late 1990s, both stocks traded at high P/E ratios—Costco above 30 and Walmart above 40. Investors paid a premium, expecting continued growth. But what followed was over a decade of stagnation. Walmart’s stock didn’t break out of its range until 2011. Costco, despite strong business growth, stayed flat until 2010. The issue wasn’t t...
No comment yet