Sold Costco (COST)

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Sold Costco (COST)

Post by FTW »

On 10/27/22 I purchased shares of Costco (COST) stock for $497.28 per share.
On 11/15/22 I placed a "Stop Loss" order, stating that as long as the stock price stayed the same or went higher, I did NOT want to sell it. However, if the stock price was to drop by x dollars per share at any time in the future, it should sell.

Today, 11/17/22, it sold automatically for a price of $518.165 per share.
That gave me a $20.885 per share profit or in excess of a 4% increase on my investment in 15 business days.
Costco Wholesale Corporation is a global retailer with warehouse club operations in eight countries.

The Company operates an international chain of membership warehouses, mainly under the Costco Wholesale name.

The Company's warehouses are designed to help small- to medium-sized businesses reduce costs in purchasing for resale and for everyday business use.

The Company offers merchandise in various categories, which include groceries, candy, appliances, television and media, automotive supplies, tires, toys, hardware, sporting goods, jewelry, watches, cameras, books, housewares, apparel, health and beauty aids, furniture, office supplies and office equipment.

Members can also shop for private label Kirkland Signature products.

It operates approximately 829 warehouses worldwide.

It also operates self-service gasoline stations.

The Company operates e-commerce websites in the United States, Canada, Mexico, United Kingdom, Korea, Taiwan, Japan, and Australia.
It is based out of Washington State, has an earnings per share of $13.14 and pays a small quarterly dividend of .69%
COST-2022-11-17.png (9.98 KiB) Viewed 1996 times
The chart above is a 10 year chart.
COST-90day-2022-11-17.png (13.6 KiB) Viewed 1996 times
The chart above is a 90 day share price chart.
COST-30day-2022-11-17.png (11.18 KiB) Viewed 1996 times
The chart above is a 30 day chart and displays the share price on the early morning of 10/27/22 as well as the share price on the beginning of the day on 11/15/22 when I placed the stop loss order, followed by the actual sale price during the mid morning of 11/17/22.
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