Hello, investors! I would like to know your thoughts on Costco $COST and at what price you are willing to buy its stock? This company is literally a stable and well-oiled machine, so price swings and dips are not exactly the order of the day.
The likes of Charlie Munger literally loved this company. In early 2023, Munger said: "I like everything about Costco. I'm a total addict and I'll never sell their stock."
I'm thinking about this company, it would represent such a more stable part of the portfolio (defensive stocks). I'm just undecided on when to enter.
I find $WMT better, but this looks like a quality business too.
The performance is very solid. If I wanted a new stable stock for my portfolio, I would definitely consider this one.
I agree, $COST is a great company and I'd like to include their stock in my portfolio too, but the price is pretty high right now so I'll wait for the stock to drop.
I am more interested in this company than $WMT and if I were to buy, I would buy $COST stock. However, the price is high right now and I don't necessarily need their stock that badly, so I won't buy now.
The price may be at its peak, but even after the results, which the market rewarded with a drop, the stock doesn't want to go much lower. It's a good company, but I have $WMT in my portfolio.
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It's a great company. But I wouldn't buy the stock now. The stock price is too high for me. I would definitely buy below $800.