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Stock impact report

Where Will Costco Stock Be in 1 Year? [Yahoo! Finance]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
10 stocks we like better than Costco Wholesale › Costco (NASDAQ: COST) has historically been a wonderful investment. Shares have significantly outperformed the S&P 500 in the past three decades. But that track record hasn't held up recently, with the retail stock dropping 14% in the past 12 months (as of Dec. 16). The index is up double digits at the same time. Where will Costco be one year from now? Over a shorter time horizon, market sentiment has the biggest impact on stock prices. This is reflected in valuation. Costco doesn't look cheap, as it trades at a price-to-earnings (P/E) ratio of 45.8, in line with the trailing five-year average. That has come down considerably since the start of this year, though. This valuation looks pricey, but it's worth highlighting that the market typically rewards Costco with an elevated P/E multiple. That's because the investment community understands that this is an exceptional business. Costco constantly posts same-store sales growth, Show less Read more
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