Wells Fargo downgraded Club tuav Costco (COST) nyob rau hauv qhov tsis tshua muaj txav hnub Monday, hais txog "brewing headwinds" rau cov khw muag khoom lag luam kev loj hlob. Peb xav tias qhov kev hu no yog qhov yuam kev thiab pom Costco raws li kev yuav ntawm no, muab tus nqi nws txuas ntxiv muab nws cov neeg siv khoom raws li kev lag luam tsis zoo. Cov kws tshuaj ntsuam xyuas ntawm Wells Fargo tau hais tias lawv qhov kev txo qis rau qhov sib npaug ntawm qhov nruab nrab ntawm kev yuav khoom yog raws li cov pov thawj loj hlob ntawm cov khoom noj khoom haus qeeb qeeb - uas tau txais txiaj ntsig rau Costco muab nws cov kev sib tw - nrog rau kev sib piv ntawm cov roj tsheb sib piv thiab tag nrho cov neeg siv khoom tsis muaj zog. "Costco tseem yog lub npe zoo, tab sis peb pom ntau qhov teeb meem hauv txoj hauv kev ntawm cov khoom lag luam nplua nuj no mus tom ntej," cov kws tshuaj ntsuam tau sau rau hauv ib daim ntawv. Wells Fargo kuj tseem txo nws cov nqi phiaj rau Costco rau $ 490 ib feem ntawm $ 600 ib feem. Lub club tau teeb meem nrog kev txo qis ntawm cov khoom lag luam uas tsis muaj zog tiv thaiv kev lag luam. "Nws muaj tus nqi nplua nuj, tab sis qhov no yog ib lub tuam txhab muaj kev ntseeg siab tshaj plaws hauv txhua yam kev lag luam huab cua," Jeff Marks, tus thawj coj ntawm kev txheeb xyuas cov ntaub ntawv ntawm Investing Club, tau hais rau hnub Monday. Costco cov Tshuag tau poob ib ncig ntawm 1% hauv kev ua lag luam thaum ntxov ua ntej nce hnub Monday tav su kom kaw ntawm $ 488.55 ib feem. Cov Tshuag tau poob 15% xyoo no, tab sis txuas ntxiv ua lag luam dav dav, nrog rau S & P 500 nqis kwv yees li 21% xyoo-rau-hnub. Wells Fargo's coj Costco pom cov neeg siv khoom xav tau ntau xyoo dhau los vim muaj kev sib tw los ntawm Covid-19, vim tias cov neeg siv khoom siv sijhawm ntau hauv tsev thiab khaws cov khoom tseem ceeb hauv tsev. Tab sis xyoo no, raws li lub neej tau rov qab mus rau qee theem ntawm qhov qub rau ntau tus neeg Amelikas, Costco cov tswv cuab-tsuas yog cov khw muag khoom lag luam tuaj yeem pom kev muag khoom los ntawm kev kub ntxhov yog tias xav tau softer, Wells Fargo tau hais. "Nws tshwm sim tias COST cov tsheb khiav tau hloov pauv tsis ntev los no. Peb tau dhau los muaj kev txhawj xeeb ntxiv txog yuav ua li cas cov khoom lag luam muag khoom lag luam ua rau qeeb qeeb ntawm cov kab saum toj kawg nkaus, thiab COST tej zaum yuav muaj kev cuam tshuam ntau dua rau qhov teeb meem no vim nws muaj ntau ntau, "cov kws tshuaj ntsuam tau sau. Wells Fargo tseem hais txog qhov kev cia siab tias yuav txo qis hauv cov roj margins ntawm cov khw muag khoom, uas muag cov roj av, thiab cov txiaj ntsig muaj peev xwm. Tab sis Wells Fargo's take on Costco is hardly unanimous on Wall Street. Cov kws tshuaj ntsuam xyuas ntawm Stifel lub lim tiam dhau los tau hais tias lawv txuas ntxiv mus pom Costco ua "tus neeg muag khoom zoo tshaj plaws hauv chav kawm" thiab "tus tseem ceeb tuav rau cov neeg siv khoom lag luam loj." Daim ntawv tshawb fawb no tuaj txog ntawm lub luj taws ntawm Costco tso cov ntaub ntawv muag rau lub Kaum Hlis, uas pom tias muaj kev nce siab ntawm 6.7% tab sis tuaj tom qab lub Cuaj Hlis kev muag khoom loj hlob ntawm 8.6%. Txawm hais tias lub hli dhau ib hlis qeeb, Stifel cov kws tshuaj ntsuam xyuas pom tias Costco's 2-xyoo kev loj hlob txhua xyoo (CAGR) rau tib lub khw muag khoom thaum Lub Kaum Hli tau nrawm rau plaub lub hlis sib law liag. Lub club coj Peb xav tias Wells Fargo qhov kev tshuaj xyuas ntawm Costco tsis txaus siab rau tag nrho cov nqi ntawm nws cov qauv kev lag luam thiab tsis hloov peb txoj kev xav tias Costco yog tus thawj coj ua lag luam hauv khw muag khoom. Nws yog ib qho tseem ceeb kom nkag siab tias Costco khiav nws txoj kev lag luam li cas vim tias qhov ntawd yog qhov uas nws ua rau muaj txiaj ntsig zoo rau nws cov neeg siv khoom. Costco tsom mus rau kev ua tswv cuab ntawm nws lub tsev khaws khoom thoob ntiaj teb, qhov twg nws tau txais feem ntau ntawm nws cov nyiaj tau los. Cov khw muag khoom lag luam wholesale tau muaj peev xwm tswj tau cov tswv cuab muaj zog rov ua dua tshiab vim tias nws tuaj yeem hla tus neeg muag khoom txo nqi rau cov tswv cuab uas nws tau txais los ntawm cov khoom noj uas nws yuav ntau. Tsis tas li ntawd, peb pom qhov muaj peev xwm ntawm cov nyiaj faib tshwj xeeb, kawg muab faib rau lub Kaum Ib Hlis 2020, raws li lub zog uas tuaj yeem txhawb nqa cov khoom lag luam. Cov nyiaj faib no tau them rau cov tub ua lag luam plaub zaug hauv yim xyoo dhau los. Tsis tas li ntawd, kev tswj hwm tuaj yeem nce nqi ua tswv cuab hauv 2023, ntxiv txhawb kev loj hlob ntawm cov kab saum toj kawg nkaus. Thaum cov khoom ntawm Costco muaj nuj nqis ntawm tus nqi, peb xav tias nws yog qhov tsim nyog muab lub tuam txhab cov nyiaj tau los tsis tu ncua. Raws li peb tau hais ua ntej, Costco yog lub khw muag khoom zoo tshaj plaws los ua tus tswv hauv kev lag luam nyuaj, thiab peb ntseeg tias nws tuaj yeem ua tau zoo dua nws cov neeg sib tw raws li cov neeg siv khoom tshawb nrhiav cov nqi txuag nyiaj. (Jim Cramer's Charitable Trust yog tus nqi ntev. Saib ntawm no kom paub cov npe tag nrho ntawm cov khoom lag luam.) Raws li ib tus neeg siv khoom rau CNBC Investing Club nrog Jim Cramer, koj yuav tau txais kev ceeb toom kev lag luam ua ntej Jim ua lag luam. Jim tos 45 feeb tom qab xa daim ntawv ceeb toom kev lag luam ua ntej yuav lossis muag cov khoom lag luam hauv nws qhov kev ntseeg siab ntawm cov ntaub ntawv. Yog tias Jim tau tham txog ib qho khoom lag luam ntawm CNBC TV, nws tos 72 teev tom qab tshaj tawm tsab ntawv ceeb toom ua ntej ua lag luam. COV NTAUB NTAWV QHIA TXOG QHOV CHAW UA HAUJ LWM yog ua raws li peb cov lus cog tseg thiab cov xwm txheej thiab txoj cai ntiag tug, ua ke nrog peb qhov kev tsis lees paub. TSIS TXAUS SIAB RAU LUB SIJ HAWM NTAWM LUB SIJ HAWM NTAWM LUB SIJ HAWM NTAWM LUB TSEV KAWM NTAWV, LUB SIJ HAWM NTAWM LUB SIJ HAWM NTAWM koj tau txais cov ntaub ntawv qhia txog kev sib txuas nrog lub koom haum ua lag luam.
Cov neeg siv khoom nqa lawv cov khoom tom qab yuav khoom ntawm Costco hauv Washington DC, Tsib Hlis 5, 2021.
Ting Shen | Xinhua News Agency | Getty Dluab
Wells Fargo downgraded Club tuav Costco (COST) nyob rau hauv qhov tsis tshua muaj txav hnub Monday, hais txog "brewing headwinds" rau cov khw muag khoom lag luam qhov kev loj hlob sai. Peb xav tias qhov kev hu no yog qhov yuam kev thiab pom Costco raws li kev yuav ntawm no, muab tus nqi nws txuas ntxiv muab nws cov neeg siv khoom raws li kev lag luam tsis zoo.
Tau qhov twg los: https://www.cnbc.com/2022/11/07/wells-fargos-downgrade-of-costco-underappreciates-value-.html