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Stock impact report

Jim Cramer on Costco: “I Am Concerned I Might Sell the Rest” [Yahoo! Finance]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
“I was at Costco this weekend, trying to check it out, trying to figure out what the heck is wrong. I think… what's wrong is the stock got too high. I would've thought at 41 times earnings, it's done going down. That was wrong. We did sell half the position, I can't believe I sold any of it, for the Charitable Trust. We had to. I don't like the re-ups… what we call the people going back to the club and getting a… replacement card. I've gotta tell you, I don't like it still. I had a great time at Costco yesterday with my wife, but that doesn't necessarily translate into people re-upping at a better rate. I am concerned I might sell the rest… and yeah, I know that's big.” omar-abascal-9Um7Huux0as-unsplash Costco Wholesale Corporation (NASDAQ:COST) operates membership warehouses and provides groceries, fresh food, household goods, electronics, and more. In addition, the company offers various services through pharmacies, gas stations, optical centers, and e-commerce options. During Show less Read more
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