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Costco Stock: Earnings Growth Could Shape the Next Big Move

Source: 247wallst.com

Corporate EarningsCompany FundamentalsInvestor Sentiment & Positioning
Costco Stock: Earnings Growth Could Shape the Next Big Move

Six consecutive earnings beats have helped push Costco shares up 20% this year, but its 49x trailing P/E leaves limited room for error. The article says one metric may determine whether the rally continues or stalls, but does not identify that metric.

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