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Non-Tech : Warehouse Clubs - COST, BJ, PSMT
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From: Harshu Vyas11/26/2023 1:47:01 PM
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I've taken positions in both BJ and PSMT. The business model makes sense and, provided consumers don't buy everything online ten, twenty years in the future, could prove to be a very profitable investment.

40x earnings is too much for me but under 20x is reasonable if I can hold them for long enough.
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