My natural inclination is to find stocks that haven’t been discovered by everyone. My gene pool must derive from some gold mining fool, who traveled to the end of the earth to find treasure. Instead of treasure, he was likely eaten by a jaguar and never heard from again.
I bought COST.
I bought it because the valuation is the most expensive in a decade, on a p/s, p/b and p/e basis. Also, it’s a widely held stock near its 52 week highs. Worst case scenario, I waste a little time inside of one of America’s premier retailers.
It should be noted, I was somewhat attracted to its November seasonality statistics, so perhaps this trade is tainted and not entirely the opposite of what I wanted.
Fuck. What a conundrum.
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We are finally getting a $COST down here. Looking forward to it.
Hey Lear capital said if I buy silver and the price goes up …I’ll make money!
One of the few retail places were every time I walk in, I’m dropping at least $100. All my friends agree with me. That’s not much coin these days, but once you consider it on a much larger scale, that adds up. Oh and by the way, $COST is the world’s #1 wine retailer in terms of revenue. Can’t go wrong with that.
How about some $JWN?
You should buy all of the following tickers to complete the costanza trade. COST, ST, AN, Z and finally A