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UBS puts the brakes on with Costco

  • UBS downgrades Costco (COST) to a Neutral rating from Buy on valuation concerns.
  • Shares of Costco have run up 25% YTD to trade with a forward price-earnings ratio higher than peers, although the retailer's comparable store sales growth still outpaces the group.
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Comments (4)
  • GARY4301
    , contributor
    Comments (65) | Send Message
     
    I think UBS is wrong!!!! COST has increased stockholder value over the years and their membership is up year over year! I think Costco by the end of the year will reach new highs!!! The lines are still long at check out and the savings are great!!!
    12 Nov 2013, 09:00 AM Reply Like
  • Espirirrion A Colunga
    , contributor
    Comments (2) | Send Message
     
    I'm an employee of Costco (10yrs) what I see at this glamorous business is that it is continuously adding new memberships daily. Sales continue to increase and members seam very happy for the savings on purchases they have made. Some members enter the store to buy one or two items and walk out with $100.00 to $500.00 dollar purchases. I agree with Garry 4301, UBS is WRONG!! Very wrong.

     

    12 Nov 2013, 08:53 PM Reply Like
  • marc12
    , contributor
    Comment (1) | Send Message
     
    VERY POOR DECISION Costco like Starbucks has a loyal cult-like following
    12 Nov 2013, 03:06 PM Reply Like
  • garymcclurg
    , contributor
    Comment (1) | Send Message
     
    I still like it.
    14 Nov 2013, 08:13 AM Reply Like
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