In this video we will take a look at Costco, whose trading symbol is COST. So in this video , we'll look at the basics of how Costco works. We will review some figures and then try to arrive at a fair value for Costco stock to see if investing in it today is worthwhile.
There may be an opportunity here, because when we look at Costco's stock over the past year or so, the stock hasn't performed much . In fact, it has retreated in the past two months from its recent highs.
Next up, we have Costco, holding number nine. I haven't done anything with this company for a long period of time and I don't plan to. Costco is just going to hang out here. The stock is down a little bit, but overall it still trades at a high valuation.
Fundamentally, it's doing great. There's really no change here.
Costco and Walmart are undoubtedly among the best retailers in the world. Both operate on a very similar business model, which is to offer goods at the lowest possible prices to consumers.
But which of them is the better stock to buy at current market prices? This is the question I want to answer in this video. Based on revenues over the past twelve months, Walmart's revenues are more than double those of Costco.
Walmart generated $736 billion in revenue over the past twelve months, while Costco generated $294 billion.
Let's delve into some of these moves in the reactions we're seeing toward Costco shares, with Mel Casey, portfolio manager at FBB Capital Partners, and Sharon Mathis, director of consumer research at LSCEG, joining us today.
The company exceeded expectations in both revenue and profit; even excluding customs duty refunds, performance was better than anticipated. Firstly, yes, the reaction today was good, with the company outperforming the market, although it is still significantly below the overall market performance since the beginning of the year.
