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Costco Wholesale Corporation (COST) [hlAlert]

up 37.44 %

Costco Wholesale Corporation (COST) rated Buy with price target $165 by Argus

Posted on: Friday,  Mar 6, 2015  8:25 AM ET by Argus

Argus rated Buy Costco Wholesale Corporation (NASDAQ: COST) on 03/06/2015. Previously Argus rated Buy Costco Wholesale Corporation (NASDAQ: COST) on 09/19/2012.,
when the stock price was $102.01. Since then, Costco Wholesale Corporation has gained 37.45% as of 12/03/2015's recent price of $140.21.
If you would have followed the previous Argus's recommendation on COST, you would have gained 37.44% of your investment in 1170 days.

Costco Wholesale Corporation (Costco) operates membership warehouses that offer its members low prices on a limited selection of branded and selected private-label products in a range of merchandise categories. It buys the majority of its merchandise directly from manufacturers and route it to a cross-docking consolidation point (depot) or directly to its warehouses. The Company?s depots receive container-based shipments from manufacturers and reallocate these goods for shipment to its individual warehouses. The Company?s warehouse format averages approximately 143,000 square feet. Its warehouses operate on a seven-day, 69-hour week. It carries an average of approximately 3,800 active stock keeping units (SKUs) per warehouse in its core warehouse business. Many consumable products are offered for sale in case, carton or multiple-pack quantities only.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/6/2015 8:25 AM Buy
148.68 165.00
as of 8/27/2015
1 Week down  -3.47 %
1 Month up  0.40 %
3 Months down  -1.67 %
1 YTD up  17.80 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/13/2014 9:25 AM Buy
127.94 143.00
5/31/2013 8:25 AM Buy
112.14 125.00
9/19/2012 1:25 PM Buy
102.01 110.00

(*) Stock Price at the time of the recommendation.
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