PriceSmart: What Are Bulls Expecting?

About: PriceSmart, Inc. (PSMT)
by: AvoidingBigLosses
This article is exclusive for subscribers.
Special situations, long/short equity, growth at reasonable price, REITs

Revenue growth is weak. Earnings have fallen.

The stock price has declined, but perhaps not sufficiently for the bad news.

With limited growth prospects, the future doesn't look particularly good.

I've bought a small position in January 2019 $65 puts.

A quick comparison

Let's take a quick look at three stocks: A, B, and C. Which strike you as a good value?

"A" trades for only 12.18x earnings... and less than half of sales. A's