Insane Valuation Trade!

One of the most insane valuations in the market. $COST Costco trading at a forward P/E of 40. Not only is that a tech valuation for massive growth but with inflation, margins are likely to be squeezed. Looking for a sharp pull back to $400.

Note the chart below and get all of Gareth’s stock swing trade positions here, and his options trades here.

Gareth Soloway

https://www.inthemoneystocks.com

20210909