While the latest quarterly earnings were good and actually beat estimates, once again the revenue numbers showed that it is membership fees that are bringing in the bulk of their profits. Margins are becoming thinner and that has investors worried.
With the Trade Ahead Of Earnings Strategy already being closed this morning for huge profits in the big plunge of over 5.5%, here are some additional trades I have entered.
The rest of this Costco Stock trade alert and ideas article is for FullyInformed Members..
Profiting From The Costco Stock (COST) Earnings Plunge – Oct 6 2017
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. .
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