Costco is updated June 25, 2017

With Costco down to $157 from its recent peak of  $183 I thought it might be worth looking at. In addition it has reported stellar same-store sales of late. Unfortunately it still certainly does not look cheap and I am rating it a Weak Buy at $157.13. Still, I may grab 50 shares tomorrow especially if it is down again. It has fallen because Amazon will buy Whole Foods and could turn that into a bigger competitor. But I think Costco will continue to do well despite the Amazon deal.