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Costco Wholesale Corporation (COST): A Bull Case Theory

We came across a bullish thesis on Costco Wholesale Corporation (COST) on Substack by FluentInQuality. In this article, we will summarize the bulls’ thesis on COST. Costco Wholesale Corporation (COST)'s share was trading at $1046.85 as of March 3rd. COST’s trailing and forward P/E were 61.51 and 57.80 respectively according to Yahoo Finance.

[caption id="attachment_1196778" align="aligncenter" width="768"] A busy shopping aisle filled with discounted items in a retail store.[/caption]

Costco operates on a simple yet powerful business model that turns bulk retail into a...