Just bought Costco stock?


costco stock has 1-year "target price" of $105-$115, year (mostly likely) have made $4-14 per share "capital gain"...in addition that, costco pays dividend, receive dividend of 25 cents each quarter every share hold...

"first stock purchase" have made extremely smart decision....most first-time stock buyers buy 43 cents share, second cousin's next door neighbor confident go $10 next month...(which never happens in "real life", of course!)

costco have lots of cash on books, , have been growing earnings steadily long time, management have been "doing right"....i suspect happy purchase, , year may thinking adding more...

as of right now, it's around $101.50. plan on keeping year , see i'm @ at time. i've never bought stock before, , don't understand much, other fluctuates often. if year now, stock price same, wouldn't break even?


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