Costco (COST) sits at a $422 billion market cap, yet 45.5% earnings growth and near-perfect membership renewal support a $2,250 target by 2035.
Wall Street prices in just 13% upside, but e-commerce traffic grew 37% and executive membership hit 75%, compounding sharply over the next decade.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Costco didn't make the cut. Grab the names FREE today.
Costco (NASDAQ:COST | COST Price Prediction) runs the most impressive retail model in America. Membership fees hit $1.373 billion last quarter, comparable sales rose 9.8%, and the worldwide renewal rate held at 89.7%. Yet the stock barely keeps pace with the broader market.
Shares closed at $951.89, and market cap sits at $422.14 billion. When does Costco become a trillion-dollar company? My call is 2035 at $2,250 per share.
#membership #billion #street
Wall Street prices in just 13% upside, but e-commerce traffic grew 37% and executive membership hit 75%, compounding sharply over the next decade.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Costco didn't make the cut. Grab the names FREE today.
Costco (NASDAQ:COST | COST Price Prediction) runs the most impressive retail model in America. Membership fees hit $1.373 billion last quarter, comparable sales rose 9.8%, and the worldwide renewal rate held at 89.7%. Yet the stock barely keeps pace with the broader market.
Shares closed at $951.89, and market cap sits at $422.14 billion. When does Costco become a trillion-dollar company? My call is 2035 at $2,250 per share.
#membership #billion #street
3 months ago
