Costco’s stock set up to fall after earnings, and that’s the time to buy it, analyst says

Shares of Costco Wholesale Corp. are apt to dip aft the membership-based warehouse retail elephantine reports earnings, but that’s erstwhile investors should buy, said long-time bullish expert Rupesh Parikh astatine Oppenheimer.

Parikh said aft helium spent clip reviewing Costco’s prospects heading into the net release, helium believes determination is “limited net upside.” He said helium besides believes that aft the stock’s caller outperformance, the “robust and accelerating [same-store sales] trends” reported successful caller months are already priced...