Costco Q3 Earnings: The Flywheel Is Spinning (NASDAQ:COST)

· seekingalpha.com

Costco's moat is intangible; it's a prepaid subscription business growing 10%+ with sub-10% churn, throwing off ~$1B a year. Click here to read my analysis.

If you've looked at the Seeking Alpha analyst ratings for Costco ( COST ), the picture looks bleak; the last eight articles published on COST were holds or sell...


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