Why has Costco (COST) gone up 100% since March 3rd, 2023?
Costco has doubled since 3/3/23.
Why?
100%?
What made this company double in value in such a short time? We're not talking a tech or AI company. They sell gas and groceries! Can someone explain this and how I should have seen this coming?
It's trading at a 48 P/E
Do you think this is still a buy today or stay away?
If a buy, what is your valuation? Have you done a DCF analysis?
If stay away, do you think there is a price target you would jump in on?
Bullish or bearish?
Do they even have competition?