Costco: Beware a Miss

Guggenheim’s John Heinbockel and Steven Forbes worry that investors are “overly optimistic” about Costco Wholesale (COST) heading into the release of its financial results on May 27: Associated Press Although Costco’s differentiated and uniquely lengthy secular growth story remains very much intact, we are still cautious on the name on overly optimistic near-to-intermediate-term Street expectations [...]