Hello, investors! I would like to know your thoughts on Costco $COST and at what price you are willing to buy its stock? This company is literally a stable and well-oiled machine, so price swings and dips are not exactly the order of the day.
The likes of Charlie Munger literally loved this company. In early 2023, Munger said: "I like everything about Costco. I'm a total addict and I'll never sell their stock."
I'm thinking about this company, it would represent such a more stable part of the portfolio (defensive stocks). I'm just undecided on when to enter.