Why Costco Could Gain 25%
March 05, 2015 at 12:22 PM EST
Costco Wholesale (COST) has jumped more than 2% today following its big earnings beat–but Sterne Agee’s Charles Grom think Costco could gain another 25% or more. He explains why: Associated Press With consensus #’s inching down ~$0.02 recently, clearly the Street was bracing for a rocky 2Q print – due largely to FX pressures (we estimate ~$0.05-$0.06 [...]
