Reported about 16 hours ago
Costco's stock (COST) currently presents limited appeal for investors due to its high valuation and low dividend yield. Recent panic buying related to dock workers' strikes and hurricanes boosted sales, resulting in a 9% increase in net sales for September. However, analysts highlight concerns over declining cash flow and a significant drop in expected earnings per share, prompting a neutral stance on the stock amid a lack of long-term growth prospects.
Source: YAHOO