Why Costco Stock Is A 'Port In The Storm' And 4 More Retail Picks From Bernstein
Why Costco Stock Is A 'Port In The Storm' And 4 More Retail Picks From Bernstein
Bernstein smells something cooking at Costco Wholesale Corp (NASDAQ:COST) and no, it's not the famous $1.50 hot dog.
伯恩斯坦闻到了做饭的味道 好市多批发公司 （纳斯达克股票代码：COST）不，它不是著名的1.50美元热狗。
What To Know About COST: Bernstein on Tuesday initiated coverage on Costco with an Outperform rating and set a price target of $586, citing the company's exceptional track record of better-than-expected quarterly results.
关于成本的须知： 伯恩斯坦周二开始对Costco进行报道，评级为跑赢大盘，并将目标股价定为586美元，理由是该公司的季度业绩好于预期。
The analyst firm also highlighted Costco's ability to consistently outperform the S&P 500 while putting up "exceptionally good" numbers across all key performance indicators.
这家分析公司还强调了好市多的表现持续超过标准普尔500指数的能力，同时在所有关键绩效指标上都给出了 “异常好” 的数字。
"As the result of these reliable results, Costco has become a destination defensive stock, a much-coveted port in the storm of macro uncertainty that's engulfed the consumer landscape," Bernstein wrote in a new note to clients.
伯恩斯坦在给客户的一份新报告中写道：“由于这些可靠的业绩，好市多已成为目的地防御性股票，是席卷消费者格局的宏观不确定性风暴中备受追捧的港口。”
From Last Week: This Is What Whales Are Betting On Costco
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The analyst firm believes this explains why Costco is trading near all-time highs and expects the stock to continue to do so as macro uncertainty persists.
这家分析公司认为，这解释了为什么好市多的交易价格接近历史新高，并预计随着宏观不确定性持续存在，该股将继续保持这种状态。
In the short term, Bernstein is anticipating continued strong member growth and merchandise sales given Costco's more affluent customer base. The firm also noted that Costco is a limited-assortment retailer, which gives it much more flexibility than much of the competition.
鉴于好市多的客户群更加丰富，伯恩斯坦预计，在短期内，会员和商品销售将持续强劲增长。该公司还指出，好市多是一家限量零售商，这比大多数竞争对手更具灵活性。
Costco also carries significantly less inventory risk than competitors, so Bernstein doesn't anticipate any negative surprises like what happened with Target Corp (NYSE:TGT). Longer term, the firm expects continued 2% store growth, member growth and an increase in membership fees.
好市多的库存风险也比竞争对手小得多，因此伯恩斯坦预计不会像竞争对手那样出现任何负面意外 塔吉特公司 （纽约证券交易所代码：TGT）。从长远来看，该公司预计门店将持续增长2％，会员人数将增长，会员费将增加。
Bonus Stock Picks: Bernstein also slapped Outperform ratings on several other retail names. Here's a look at the stocks that made the list, as well as their 12-month price targets.
奖励股票精选： 伯恩斯坦还对其他几家零售公司进行了跑赢大盘的评级。以下是上榜的股票及其12个月的目标股价。
- Kroger Co (NYSE:KR): $58 price target
- Albertsons Companies Inc (NYSE:ACI): $26 price target
- Target Corp: $190 price target
- Floor & Decor Holdings Inc (NYSE:FND): $112 price target
- 克罗格公司 （纽约证券交易所代码：KR）：目标价为58美元
- 艾伯森公司 （纽约证券交易所代码：ACI）：目标价为26美元
- 塔吉特公司: 目标价 190 美元
- 地板和装饰控股公司 （纽约证券交易所代码：FND）：目标价为112美元
Bernstein has Market-Perform ratings on Walmart Inc (NYSE:WMT), Lowe's Companies Inc (NYSE:LOW) and Home Depot Inc (NYSE:HD).
伯恩斯坦的市场表现评级为 沃尔玛公司 （纽约证券交易所代码：WMT）， Lowe's Companies （纽约证券交易所代码：LOW）和 家得宝公司 （纽约证券交易所：HD）。
COST Price Action: Costco has a 52-week high of $612.27 and a 52-week low of $406.51.
成本价格走势： 好市多的52周高点为612.27美元，52周低点为406.51美元。
The stock was down 1.53% at $481.16 on Tuesday, according to Benzinga Pro.
根据Benzinga Pro的数据，该股周二下跌1.53％，至481.16美元。
Photo: Mike Mozart from flickr.
照片：来自 flickr 的迈克·莫扎特。
译文内容由第三方软件翻译。