We Are Removing Costco Wholesale Corporation (COST) from Investing Ideas

03/26/18 03:14PM EDT

Below is a brief note from CEO Keith McCullough on why we're removing Costco Wholesale Corporation (COST) from the long side of Investing Ideas today:

"Again, this is a “macro overlay” call that has more to do with taking down exposure to our best long ideas given changing market risks than it does the companies themselves. COST is +3.2% on the day at the time of this note."


**No change to Hedgeye Consumer Staples analyst Howard Penney's fundamental long thesis on Costco. Click here to read our analyst's original stock report on the company.

We Are Removing Costco Wholesale Corporation (COST) from Investing Ideas - costco

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