Costco $COST Falls After Net Sales Miss, Amazon Concerns

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  • 06 Oct '17 at 4:21 pm #12345
    ThePitBoss
    Participant

    [article]252[/article]

    06 Oct '17 at 7:17 pm #12346
    TradersCom
    Keymaster

    A lot to like in the report here with that membership base and the BMO report even shows $COST beating $AMZN. Another example of an irrational manic market.

    06 Oct '17 at 8:09 pm #12350
    ThePitBoss
    Participant

    There is nothing rational about the wholesale love of Amazon

    06 Oct '17 at 8:31 pm #12352
    ThePitBoss
    Participant

    Morgan Stanley downgraded Costco Wholesale $COST to Equal Weight from Overweight

    Also lowered its target to $165 from $190.

    JPMorgan said its earnings can now support both the bullish and bearish cases. WTF that means!!

    06 Oct '17 at 11:45 pm #12366
    Assistanc3
    Participant

    lol

    [quote=”ThePitBoss” post=2095]JPMorgan said its earnings ($COST) can now support both the bullish and bearish cases. WTF that means!![/quote]

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