$COST Stock Update

Costco hasn’t moved much for us within the past month, but continues to see great gains for this year at 21%. Costco has a unique offering in a retail space, by offering large amounts of a less than 4000 products in store. This is compared to target at 75-80k products and Walmart being at 140,000. This concentration helps leverage product cost and procurement.

Costco will continue to be able to resist some of the retail upheaval seen due to it’s specific niche and good use of cash.

We’ll continue to hold.

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