@Shashaa 5 days ago
Why are people suddenly piling into $COST and $CRWD?
Why are people suddenly piling into $COST and $CRWD?
Feels like money is rotating hard out of semis and straight into “safe growth” names. The moves lately have been kinda wild.
went from around $440 at the start of May to over $620 now… and the company still barely makes consistent profits. No real PE ratio and it’s moving like peak meme stock momentum again.
Then somehow keeps ripping too. Went from under $1k to around $1.1k in basically no time. Love the company long term, but in this inflation environment you’d think people would lean more toward cheaper retail plays.
@JaneWilliams 5 days ago
Can you even name a person that doesn't have a costco membership and go there almost weekly? You know what people will still by during hyper inflation? Food. Particularly food that is sold a low margin (such as at Costco).
