Articles Related to COST

Costco: Fundamentals Align With Technicals - And It’s Not Bullish

By Levi at Elliott Wave Trader; Produced with Avi GilburtWhen Lyn Alden renders an opinion, we listen carefully. As one of our lead analysts, she regularly covers key stocks as well as broader market macro views. One of the principal tenets in our study of stocks is to identify where the fundamentals and technicals align. This will provide us with high-probability setups in both bullish and bearish types of scenarios.What’s more, fundamentals may assist us in determining the landscape in either the macro view or in company specific fashion. And then it is typically the technicals that will lead any initial turns in price on the chart.
by Levi - 5 months ago

Costco: This Is Where The Bold Will Turn Cautious

By Levi at StockWaves; Produced with Avi GilburtTake a brief trip with me if you will, please. I want to go back to March 9th of this year when we turned bullish on (COST) stock. It was with a very tight stop but also specific parameters and expectations. Well, we will give you the end of the story first. COST did indeed match our projections and fulfilled its upside target and then some. At the time of the article published on March 14th, we placed a ‘Buy’ rating on COST with a bit of a caveat. It would need to meet very specific goals. And, it certainly did, a bull through the eye of a needle, to put it metaphorically.
by Levi - 1 year ago

Costco: Should You Pay For Premium?

- We delve into the fundamentals with Lyn Alden and discover something interesting.- What is the technical setup telling us at the moment?- How do you quantify how much to pay for a premium company like Costco?by Levi at StockWaves; produced with Avi GilburtWe have an intriguing situation with the fundamentals telling one story and the technicals pointing to another potential outcome. How do we decide what is the more likely path? Let’s discuss both sides and then how to make the final determination.Digging Into The Fundamentals With Lyn AldenLyn Alden provides us with unique insights from her deep dives into the financials and fundamentals of companies that she covers.
by Levi - 1 year ago

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