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.

 

 

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