Is Costco stock a ‘buy’ on post earnings weakness?

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Costco Wholesale Corporation (NASDAQ: COST) is in focus this morning after reporting weaker-than-expected sales for its holiday quarter. Should you buy Costco stock today? Nonetheless, the retailer said its net sales were up 4.7% year-on-year in February, thanks to the Lunar New Year. But that’s not enough for Arun Sundaram (Analyst at CFRA Research) to […]

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