Correction to $850-920 essential for keeping the uptrend healthy

เมื่อวานซืน

- Price is overextended and investors are treating COST as the growth stock than a safe quality stock. Price/Earnings ratio is around 60 which his historical high on the other hand the company is growing single digits.

- With wage growth stalling and with uncertain macro, it's unlikely that majority of people will stock groceries for a month in advanced. Many folks are shopping weekly/bi-weekly from Walmart instead.