Should You Buy Costco Stock Before Sept. 24? History Has a Clear Answer.
Recent history has a lesson for Costco shareholders.
Overview
Warehouse club Costco Wholesale (NASDAQ: COST) reports earnings after market close on Thursday. Analysts have high hopes for the company, projecting revenue of about $94.9 billion and earnings per share of between $6.53 and $6.55. But the real question is whether the stock is worth buying ahead of earnings. And its recent history offers a clear answer.
Here's the clear historical trend you should know about before you consider buying Costco shares ahead of earnings.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.