Costco (COST) Stock Analysis: Buy Dip In COST Shares?


This content was made for video and podcast format:


WATCH THE VIDEO HERE


LISTEN TO THE PODCAST HERE


Yesterday Costco (COST) announced their FQ2 earnings and beat analyst expectations! The company reported Non-GAAP EPS of $2.55 (beat by $0.12) and revenue of $44.77B (+14.6% Y/Y).


Shares of #Costco have been in a downtrend since November of last year after the stock made a new all time high at $393.15. Now shares are trading at $319.04 (-19.0%), which are prices that they were trading at in January of 2020. Costco has increased sales, net income, and e-commerce tremendously over the past year, so is this a bargain level for investors?


Create a Webull account and recieve 2 FREE stocks


Create a FREE TradingView account and start charting your technical analysis


Follow me on Twitter to get real-time trade ideas and updates


Contact me if you have any questions or inquiries