While behemoth Walmart has slowly lost 30 percent of it’s market capitalization the last 5 years, Costco’s (COST) has doubled. People are in love with their stores.
Not me. Costco makes me dizzy.
It’s just too much work. I am a buy as I need it type person, noy buy it and never need it again because I have as much as I will ever need person :) .
My disdain for the concept does not mean I have not noticed the strength. It is a Wallstrip worthy stock an business for many reasons. Lindsay walks you through them on Wallstrip today.
Obviously one of the best run retailers of all time, with a recent all-time high to prove it.
Brian has a more detailed look at the technicals: