[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"app-context":3,"blog-costcos-comparable-sales-rose-nearly-10-last-quarter-at-43x-earnings-is-the-stock-still-worth-buying-ZH":150},{"languages":4,"categories":41,"products":125,"competitors":149},[5,9,13,17,21,25,29,33,37],{"name":6,"code":7,"id":8},"English","EN","TGFuZ3VhZ2U6ZW4=",{"name":10,"code":11,"id":12},"Español","ES","TGFuZ3VhZ2U6ZXM=",{"name":14,"code":15,"id":16},"Português","PT","TGFuZ3VhZ2U6cHQ=",{"name":18,"code":19,"id":20},"日本語","JA","TGFuZ3VhZ2U6amE=",{"name":22,"code":23,"id":24},"한국어","KO","TGFuZ3VhZ2U6a28=",{"name":26,"code":27,"id":28},"Deutsch","DE","TGFuZ3VhZ2U6ZGU=",{"name":30,"code":31,"id":32},"Italiano","IT","TGFuZ3VhZ2U6aXQ=",{"name":34,"code":35,"id":36},"Français","FR","TGFuZ3VhZ2U6ZnI=",{"name":38,"code":39,"id":40},"中文 (中国)","ZH","TGFuZ3VhZ2U6emg=",[42,73,104],{"icon":43,"slug":44,"title":45,"description":46,"featuredLinks":47},"mingcute:stock-line","stock-market-basics","Stock Market Basics","\u003Cp>Beginners' guides and practical tips for understanding stock market investing.\u003C\u002Fp>\n",[48,53,58,63,68],{"url":49,"title":50,"description":51,"ogImage":52},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-makes-stocks-go-up-and-down","What Makes Stocks Go Up and Down | TIKR.com","Understanding what makes stock prices go up and down can help investors better navigate investing. Click to learn more!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-makes-stocks-go-up-and-down-banner\u002FWhat-makes-stocks-go-up-and-down-banner.jpg?_i=AA",{"url":54,"title":55,"description":56,"ogImage":57},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fdividend-yield-meaning-formula-example","Dividend Yield: Meaning, Formula, Example | Tikr.com Blog | TIKR.com","The dividend yield is a key metric for investors looking to gauge the income potential of their investments. It measures how much a company pays out in","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FDividend-yield\u002FDividend-yield.png?_i=AA",{"url":59,"title":60,"description":61,"ogImage":62},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fmarket-capitalization-definition-formula-and-why-it-matters","Market Capitalization: Definition, Formula, and Why It Matters | TIKR.com","Long-term investors often look at various valuation metrics when deciding whether to invest in a particular company. One helpful metric to evaluate is","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FMarket-Capitalization-Definition-Formula-and-Why-It-Matters\u002FMarket-Capitalization-Definition-Formula-and-Why-It-Matters.png?_i=AA",{"url":64,"title":65,"description":66,"ogImage":67},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fearnings-per-share-definition-formula-and-why-eps-matters","Earnings Per Share: Definition, Formula, and Why EPS Matters | TIKR.com","Earnings Per Share (EPS) represents the portion of a company's net earnings allocated to each share. Click to learn more!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEPS-Defiinition-formula-and-why-EPS-matters-1\u002FEPS-Defiinition-formula-and-why-EPS-matters-1.png?_i=AA",{"url":69,"title":70,"description":71,"ogImage":72},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-stock-price-target","What Is a Stock Price Target? | TIKR.com","A price target is a stock's estimated future price. It can help investors quickly find undervalued stocks. Learn more now!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-Stock-Price-Target-2\u002FWhat-is-a-Stock-Price-Target-2.png?_i=AA",{"icon":74,"slug":75,"title":76,"description":77,"featuredLinks":78},"material-symbols:analytics-outline","fundamental-analysis","Fundamental Analysis","\u003Cp>In-depth resources and financial metrics to help you evaluate companies like a pro.\u003C\u002Fp>\n",[79,84,89,94,99],{"url":80,"title":81,"description":82,"ogImage":83},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fshare-repurchase-why-do-companies-buy-back-their-stock","Share Repurchase: Why Do Companies Buy Back Their Stock? | TIKR.com","Share repurchases, or share buybacks, have gained popularity in the last two decades. According to a report from Goldman Sachs, stock buybacks initiated","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FTIKR-BLOG-COVER-PHOTOS-3_544a7f4e\u002FTIKR-BLOG-COVER-PHOTOS-3_544a7f4e.png?_i=AA",{"url":85,"title":86,"description":87,"ogImage":88},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-return-on-invested-capital","What Is a Good Return on Invested Capital? | TIKR.com","Learning about Return on Invested Capital (ROIC) can help investors spot highly profitable stocks that can drive long-term returns. Learn more now!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-return-on-Invested-capital\u002FWhat-is-a-good-return-on-Invested-capital.png?_i=AA",{"url":90,"title":91,"description":92,"ogImage":93},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-return-on-equity-ratio","What is a Good Return on Equity Ratio | Tikr.com Blog | TIKR.com","Return on Equity (ROE) is a financial ratio that reflects a company's profitability in relation to the equity invested by shareholders. It basically","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-return-on-equity-ratio-1\u002FWhat-is-a-good-return-on-equity-ratio-1.jpg?_i=AA",{"url":95,"title":96,"description":97,"ogImage":98},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-p-e-ratio","What Is a Good P\u002FE Ratio? | TIKR.com","Financial analysts and investors look at various metrics before deciding whether a stock is a buy. One of the metrics is the price-to-earnings ratio (P\u002FE","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-PE-ratio-1\u002FWhat-is-a-good-PE-ratio-1.jpg?_i=AA",{"url":100,"title":101,"description":102,"ogImage":103},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Ftop-6-metrics-for-investing-in-reits","Top 6 Metrics for Investing in REITs | TIKR.com","Real estate has been one of the greatest asset classes for wealth creation in history, and investing in Real Estate Investment Trusts (REITs) can allow","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FGroup-10\u002FGroup-10.png?_i=AA",{"icon":105,"slug":106,"title":107,"description":108,"featuredLinks":109},"hugeicons:investigation","investing-lingo","Investing Lingo","\u003Cp>A comprehensive glossary of investing terms and jargon so you can speak the language of the markets confidently.\u003C\u002Fp>\n",[110,115,120],{"url":111,"title":112,"description":113,"ogImage":114},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fenterprise-value-definition-and-calculation","Enterprise Value: Definition and Calculation | Tikr.com Blog | TIKR.com","Enterprise value (EV) is a financial metric that offers a comprehensive snapshot of a company's total value. Unlike market capitalization which solely","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEnterprise-Value-Definition-and-Calculation_37576e40\u002FEnterprise-Value-Definition-and-Calculation_37576e40.png?_i=AA",{"url":116,"title":117,"description":118,"ogImage":119},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Febitda-definition-formula-how-to-use-it","EBITDA: Definition, Formula, How to Use It | TIKR.com","EBITDA stands for earnings before interest, taxes, depreciation and amortization. It's a financial metric commonly used to evaluate a company's financial","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEBITDA-Definition-Formula-How-to-Use-It\u002FEBITDA-Definition-Formula-How-to-Use-It.png?_i=AA",{"url":121,"title":122,"description":123,"ogImage":124},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-the-free-cash-flow-formula-and-why-does-it-matter","What is the Free Cash Flow Formula and Why Does It Matter | TIKR.com","Free cash flow, or FCF, is the cash a company generates after it accounts for outflows required to maintain business operations and support capital","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-the-free-cash-flow-formula\u002FWhat-is-the-free-cash-flow-formula.png?_i=AA",[126,130,134,137,141,145],{"slug":127,"modified":128,"title":129},"valuation-model-builder","2025-07-03T00:18:53","Value Stocks Quickly and Accurately",{"slug":131,"modified":132,"title":133},"stock-portfolio-tracking","2024-12-02T22:21:28","Monitor Your Portfolio",{"slug":75,"modified":135,"title":136},"2025-01-21T22:10:52","Instantly Analyze Companies with In-Depth Metrics",{"slug":138,"modified":139,"title":140},"stock-screener","2024-12-02T22:13:31","Find the Best Stocks to Buy",{"slug":142,"modified":143,"title":144},"investor-stock-portfolio","2025-01-21T22:02:56","Follow Investment Moves of Top Investors",{"slug":146,"modified":147,"title":148},"analyze-stocks","2025-07-23T16:04:24","Analyze Stocks",[],{"post":151,"seo":187,"relatedPosts":194,"suggestedPosts":274},{"id":152,"title":153,"date":154,"modified":155,"excerpt":156,"content":157,"wordCount":158,"lang":159,"uri":160,"slug":161,"cloudinaryAssetId":162,"featuredImageOriginalUrl":163,"featuredImageMetadata":164,"author":167,"editor":173,"categories":178,"relatedPosts":184,"seo":185},118028,"好市多(COST)上季度同店销售额增长近10%。市盈率达43倍，这只股票还值得买入吗？","2026-07-18T12:51:00","2026-07-17T17:52:59","\u003Cp>好市多批发公司持续以卓越水平运营。更棘手的问题是，这其中有多少已经反映在股价中了。\u003C\u002Fp>","\u003Ch2 id=\"h-key-stats-for-costco-wholesale\" class=\"wp-block-heading\">\u003Cstrong>好市多关键数据：\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cul class=\"wp-block-list\">\n\u003Cli>52周价格区间：$844.06 – $1,096.50\u003C\u002Fli>\n\n\n\n\u003Cli>当前价格：$933.99\u003C\u002Fli>\n\n\n\n\u003Cli>华尔街平均目标价：约$1,078\u003C\u002Fli>\n\n\n\n\u003Cli>年化内部收益率（TIKR 基准情景）：约10% \u002F 年\u003C\u002Fli>\n\n\n\n\u003Cli>2026财年第三季度净销售额：$69.15B（同比增长11.6%）\u003C\u002Fli>\n\n\n\n\u003Cli>2026财年第三季度净利润：$2.19B（摊薄后每股收益 $4.93）\u003C\u002Fli>\n\n\n\n\u003Cli>总可比销售额增长：+9.8%\u003C\u002Fli>\n\n\n\n\u003Cli>数字化可比销售额：+21.5%\u003C\u002Fli>\n\n\n\n\u003Cli>付费会员总数：8210万\u003C\u002Fli>\n\n\n\n\u003Cli>行政会员：4120万（同比增长9.6%）\u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">使用TIKR全新估值模型，为您最爱的股票（如COST）进行5年分析师预测估值（免费）>>>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-a-17-pullback-on-one-of-retail-s-most-consistent-businesses\" class=\"wp-block-heading\">零售业最稳健企业之一回调17%\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">好市多（\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003Cstrong>COST\u003C\u002Fstrong>\u003C\u002Fa>）是罕见的更像订阅业务而非商店的零售商。会员支付年费（65至130美元不等），以获得进入好市多仓储式会员店的资格，店内从食品杂货到电子产品再到轮胎，所有商品都以薄利多销的模式销售。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">这种模式创造了一个锁定的客户群，续费率持续保持在90%以上，并产生了几乎完全是纯利润的会员费收入流。好市多在全球拥有924家仓储店和超过8200万付费会员，是消费零售领域最受忠实追随的品牌之一。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">在5月下旬触及接近$1,097的高点后，该股已回调约14%，目前交易价格约为$934。最大回撤于7月9日达到16.57%，这是该股\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fcostco-stock-fell-5-today-the-cash-flow-story-is-more-complicated\">一年多来最深度的下跌\u003C\u002Fa>。\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"3024\" height=\"2016\" data-public-id=\"images\u002FTIKR.com_Costco-Wholesale-Corporation-COST-Drawdowns_118029ac724\u002FTIKR.com_Costco-Wholesale-Corporation-COST-Drawdowns_118029ac724.webp\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_3024,h_2016,c_scale\u002Ff_webp,q_auto\u002Fv1784310300\u002Fimages\u002FTIKR.com_Costco-Wholesale-Corporation-COST-Drawdowns_118029ac724\u002FTIKR.com_Costco-Wholesale-Corporation-COST-Drawdowns_118029ac724.webp?_i=AA\" alt=\"\" class=\"wp-post-118028 wp-image-118029\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1784310300\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1784310300\u002Fimages\u002FTIKR.com_Costco-Wholesale-Corporation-COST-Drawdowns_118029ac724\u002FTIKR.com_Costco-Wholesale-Corporation-COST-Drawdowns_118029ac724.webp?_i=AA 3024w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784310300\u002Fimages\u002FTIKR.com_Costco-Wholesale-Corporation-COST-Drawdowns_118029ac724\u002FTIKR.com_Costco-Wholesale-Corporation-COST-Drawdowns_118029ac724.webp?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_800,c_scale\u002Ff_webp,q_auto\u002Fv1784310300\u002Fimages\u002FTIKR.com_Costco-Wholesale-Corporation-COST-Drawdowns_118029ac724\u002FTIKR.com_Costco-Wholesale-Corporation-COST-Drawdowns_118029ac724.webp?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_933,c_scale\u002Ff_webp,q_auto\u002Fv1784310300\u002Fimages\u002FTIKR.com_Costco-Wholesale-Corporation-COST-Drawdowns_118029ac724\u002FTIKR.com_Costco-Wholesale-Corporation-COST-Drawdowns_118029ac724.webp?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_200,c_scale\u002Ff_webp,q_auto\u002Fv1784310300\u002Fimages\u002FTIKR.com_Costco-Wholesale-Corporation-COST-Drawdowns_118029ac724\u002FTIKR.com_Costco-Wholesale-Corporation-COST-Drawdowns_118029ac724.webp?_i=AA 300w\" sizes=\"auto, (max-width: 3024px) 100vw, 3024px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">好市多股票回撤图。（\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">TIKR\u003C\u002Fa>）\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">此次回调与任何基本面的恶化无关。\u003Ca href=\"https:\u002F\u002Finvestor.costco.com\u002Fnews\u002Fnews-details\u002F2026\u002FCostco-Wholesale-Corporation-Reports-Third-Quarter-and-Year-To-Date-Operating-Results-For-Fiscal-2026\u002Fdefault.aspx\">5月下旬发布的2026财年第三季度业绩\u003C\u002Fa>显示，净销售额为691.5亿美元，同比增长11.6%，全公司可比销售额增长9.8%。数字化可比销售额激增21.5%，净利润增至21.9亿美元，摊薄后每股收益为4.93美元，高于去年同期的4.28美元。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">首席执行官Ron Vachris指出，在最高法院对某些进口税做出裁决后，公司提交了关税退税申请，并承诺将所得款项用于维持会员低价，而非提高利润率。此次抛售看起来更像是估值修正，而非公司业务本身出了问题。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">在TIKR上查看好市多的共识预期和分析师目标价\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong> \u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">（免费）>>>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-the-multiple-is-the-story-and-history-puts-it-in-context\" class=\"wp-block-heading\">估值倍数是关键，历史数据提供背景\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">这正是关于好市多争论的焦点所在。其业务质量毋庸置疑。问题在于你愿意为此支付多少价格。\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"3024\" height=\"2016\" data-public-id=\"images\u002FTIKR.com_Costco-Wholesale-Corporation-COST-NTM-Price-_-Normalized-Earnings-P_E_11803076d54\u002FTIKR.com_Costco-Wholesale-Corporation-COST-NTM-Price-_-Normalized-Earnings-P_E_11803076d54.webp\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_3024,h_2016,c_scale\u002Ff_webp,q_auto\u002Fv1784310311\u002Fimages\u002FTIKR.com_Costco-Wholesale-Corporation-COST-NTM-Price-_-Normalized-Earnings-P_E_11803076d54\u002FTIKR.com_Costco-Wholesale-Corporation-COST-NTM-Price-_-Normalized-Earnings-P_E_11803076d54.webp?_i=AA\" alt=\"\" class=\"wp-post-118028 wp-image-118030\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1784310311\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1784310311\u002Fimages\u002FTIKR.com_Costco-Wholesale-Corporation-COST-NTM-Price-_-Normalized-Earnings-P_E_11803076d54\u002FTIKR.com_Costco-Wholesale-Corporation-COST-NTM-Price-_-Normalized-Earnings-P_E_11803076d54.webp?_i=AA 3024w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784310311\u002Fimages\u002FTIKR.com_Costco-Wholesale-Corporation-COST-NTM-Price-_-Normalized-Earnings-P_E_11803076d54\u002FTIKR.com_Costco-Wholesale-Corporation-COST-NTM-Price-_-Normalized-Earnings-P_E_11803076d54.webp?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_800,c_scale\u002Ff_webp,q_auto\u002Fv1784310311\u002Fimages\u002FTIKR.com_Costco-Wholesale-Corporation-COST-NTM-Price-_-Normalized-Earnings-P_E_11803076d54\u002FTIKR.com_Costco-Wholesale-Corporation-COST-NTM-Price-_-Normalized-Earnings-P_E_11803076d54.webp?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_933,c_scale\u002Ff_webp,q_auto\u002Fv1784310311\u002Fimages\u002FTIKR.com_Costco-Wholesale-Corporation-COST-NTM-Price-_-Normalized-Earnings-P_E_11803076d54\u002FTIKR.com_Costco-Wholesale-Corporation-COST-NTM-Price-_-Normalized-Earnings-P_E_11803076d54.webp?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_200,c_scale\u002Ff_webp,q_auto\u002Fv1784310311\u002Fimages\u002FTIKR.com_Costco-Wholesale-Corporation-COST-NTM-Price-_-Normalized-Earnings-P_E_11803076d54\u002FTIKR.com_Costco-Wholesale-Corporation-COST-NTM-Price-_-Normalized-Earnings-P_E_11803076d54.webp?_i=AA 300w\" sizes=\"auto, (max-width: 3024px) 100vw, 3024px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">好市多股票回撤图。（\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">TIKR\u003C\u002Fa>）\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">未来12个月市盈率（NTM P\u002FE）图表突显了当前43倍市盈率的显著位置。从2014年到2019年，好市多的交易区间在22倍至30倍之间，反映了优质业务以优质业务的价格交易。估值重估大约始于2020年，并在2024年急剧加速，在接近58倍时达到峰值，随后回落至当前水平。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">整个时期的长期平均市盈率为34.46倍。在43倍的水平上，即使经历了最近的回调，\u003Ca href=\"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fcostco-stock-is-down-14-from-its-high-heres-what-record-sales-mean-for-the-next-2-years\">该股交易价格仍比其历史平均水平高出约25%\u003C\u002Fa>。看涨的观点是，这种估值重估是永久性的，好市多的会员模式、国际扩张空间以及不断增长的电子商务渗透率证明了其结构性更高的估值倍数。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">看跌的观点则更简单：在43倍市盈率、年收入增长7%至9%的情况下，几乎没有犯错的空间。伯恩斯坦分析师Zhihan Ma将好市多列为她2026年下半年零售股的首选之一，她认为尽管通胀持续挤压家庭预算，但好市多不断找到方法将这种挤压转化为优势。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">与此同时，DA Davidson则维持中性评级，目标价约$1,000，主要制约因素就是估值。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">使用TIKR的引导式估值模型，将好市多的估值与其他零售商进行比较>>>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-what-the-model-implies-for-long-term-holders\" class=\"wp-block-heading\">模型对长期持有者的启示\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">TIKR的估值模型在基准情景下的目标价约为$1,395，这意味着从当前价格计算，未来四年总回报率约为48%，年化回报率约为10%。\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-full\">\u003Cimg width=\"4970\" height=\"4080\" data-public-id=\"images\u002FCOST_valuation_model_118031a353f\u002FCOST_valuation_model_118031a353f.webp\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_4970,h_4080,c_scale\u002Ff_webp,q_auto\u002Fv1784310326\u002Fimages\u002FCOST_valuation_model_118031a353f\u002FCOST_valuation_model_118031a353f.webp?_i=AA\" alt=\"\" class=\"wp-post-118028 wp-image-118031\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1784310326\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1784310326\u002Fimages\u002FCOST_valuation_model_118031a353f\u002FCOST_valuation_model_118031a353f.webp?_i=AA 4970w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_985,c_scale\u002Ff_webp,q_auto\u002Fv1784310326\u002Fimages\u002FCOST_valuation_model_118031a353f\u002FCOST_valuation_model_118031a353f.webp?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_1149,c_scale\u002Ff_webp,q_auto\u002Fv1784310326\u002Fimages\u002FCOST_valuation_model_118031a353f\u002FCOST_valuation_model_118031a353f.webp?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_246,c_scale\u002Ff_webp,q_auto\u002Fv1784310326\u002Fimages\u002FCOST_valuation_model_118031a353f\u002FCOST_valuation_model_118031a353f.webp?_i=AA 300w\" sizes=\"auto, (max-width: 4970px) 100vw, 4970px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">好市多估值模型。（\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">TIKR\u003C\u002Fa>）\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">对该模型输出的客观解读是，对于如此可预测的业务，10%的年化回报是一个合理的结果，但对于寻求显著超额回报的投资者来说，这并非一个引人注目的回报率。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">该模型假设收入增长约7%，净利润率小幅扩张至3.3%左右，并且在所有三种情景下市盈率都略有收缩。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">与许多成长股不同，这里的好市多回报情景并不依赖于盈利加速或估值倍数扩张，它是一个稳定、持续增长的资本复利机器，根据利润率增长假设的不同，产生中个位数到低两位数的回报。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">悲观情景意味着年化回报率约为6%，乐观情景约为12%。华尔街约$1,078的平均目标价低于TIKR的基准情景，这表明分析师普遍认为存在比模型基准假设所捕捉到的更多上行空间，这很可能是由于潜在的会员费上涨，分析师普遍预期此举，尽管好市多尚未确认时间。\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-should-you-invest-in-costco-wholesale\" class=\"wp-block-heading\">你应该投资好市多吗？\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">好市多是零售投资领域最接近确定性的标的之一，这也正是估值讨论至关重要的原因。业务在增长，会员忠诚度高，关税环境可以说使其价值主张对消费者更具吸引力。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">未来12个月市盈率历史数据显示，其估值溢价很少在持续时期内如此之高，而模型表明，从当前价位开始的回报是稳健的，但并不突出。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">10%的年化回报是否足够，取决于投资组合中还有哪些其他投资机会在竞争资本。随着事态发展，TIKR可以让您在一个地方跟踪每个会员指标、可比销售额更新和预期修正。\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003C\u002Fa>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Cstrong>\u003Cem>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\" target=\"_blank\" rel=\"noreferrer noopener\">即时估算公司公允价值（TIKR免费提供）>>>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Ch2 id=\"h-looking-for-new-opportunities\" class=\"wp-block-heading\">寻找新机会？\u003C\u002Fh2>\n\n\n\n\u003Cul class=\"wp-block-list\">\n\u003Cli>查看\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">亿万富翁投资者正在买入哪些股票\u003C\u002Fa>\u003C\u002Fstrong>，以便跟随聪明钱。\u003C\u002Fli>\n\n\n\n\u003Cli>使用TIKR一体化、易于使用的平台，\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">在短短5分钟内分析股票\u003C\u002Fa>\u003C\u002Fstrong>。\u003C\u002Fli>\n\n\n\n\u003Cli>翻开的石头越多…发现的机会就越多。\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">使用TIKR搜索超过10万只全球股票、全球顶级投资者持仓等。\u003C\u002Fa>\u003C\u002Fstrong>\u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Ch2 id=\"h-disclaimer\" class=\"wp-block-heading\">\u003Cstrong>免责声明：\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cp class=\"wp-block-paragraph\" id=\"h-\">\u003Cem>请注意，TIKR上的文章并非TIKR或其内容团队提供的投资或财务建议，也不是买卖任何股票的建议。我们根据TIKR Terminal的投资数据和分析师预测创建内容。我们的分析可能未包含最新的公司新闻或重要更新。TIKR对提及的任何股票均无持仓。感谢阅读，祝您投资愉快！\u003C\u002Fem>\u003C\u002Fp>\n\n\n\n\u003Cp class=\"wp-block-paragraph\">\u003C\u002Fp>",1014,"zh","\u002Fblog\u002Fcostcos-comparable-sales-rose-nearly-10-last-quarter-at-43x-earnings-is-the-stock-still-worth-buying","costcos-comparable-sales-rose-nearly-10-last-quarter-at-43x-earnings-is-the-stock-still-worth-buying","images\u002FCostco-Featured\u002FCostco-Featured","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784310652\u002Fimages\u002FCostco-Featured\u002FCostco-Featured.png?_i=AA",{"altText":165,"imageCredit":166},"Costco’s Comparable Sales Rose Nearly 10% Last Quarter. At 43x Earnings, Is the Stock Still Worth Buying?","Leung Cho Pan via Canva",{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":172},"David Beren","davidberentikr","author","",[],{"name":174,"slug":175,"role":176,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":177},"David Hanson","davidtikr","editor",[],[179],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},"股票评论","reviews","\u002Fblog\u002Fcategory\u002Freviews",0,[],{"title":165,"metaDesc":186,"opengraphDescription":186,"twitterTitle":165,"twitterDescription":186},"Costco Wholesale continues to execute at an exceptional level. The harder question is how much of that is already priced in.",{"title":188,"description":186,"twitterTitle":188,"twitterDescription":186,"author":168,"articlePublisher":189,"articlePublishedTime":154,"articleModifiedTime":155,"twitterLabel1":190,"twitterData1":191,"ogTitle":188,"ogDescription":186,"ogUrl":160,"ogImage":163,"ogImageWidth":192,"ogImageHeight":193,"ogImageSecureUrl":163,"ogImageAlt":165,"twitterImage":163},"Costco’s Comparable Sales Rose Nearly 10% Last Quarter. At 43x Earnings, Is the Stock Still Worth Buying?","TIKR.com","预计阅读时间","2 minutes",1200,630,[195,212,227,242,259],{"id":183,"title":196,"date":197,"excerpt":198,"wordCount":199,"uri":200,"slug":201,"cloudinaryAssetId":202,"featuredImageOriginalUrl":203,"featuredImageMetadata":204,"author":205,"categories":209,"relatedPosts":211},"Visa股票刚刚公布了自2022年以来最好的季度业绩。以下是其股价在2026年可能达到的位置。","2026-07-18 12:00:00","Visa刚刚公布了自2022年以来最强劲的营收季度。以下是TIKR模型对后续走势的预测。",1090,"\u002Fblog\u002Fvisa-stock-just-posted-its-best-quarter-since-2022-heres-where-shares-could-go-in-2026","visa-stock-just-posted-its-best-quarter-since-2022-heres-where-shares-could-go-in-2026","images\u002FFEATURED-IMAGE-MAKER-1078\u002FFEATURED-IMAGE-MAKER-1078","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784358022\u002Fimages\u002FFEATURED-IMAGE-MAKER-1078\u002FFEATURED-IMAGE-MAKER-1078.png?_i=AA",{"altText":196},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":208},"Gian Estrada","giantikr",[],[210],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],{"id":183,"title":213,"date":214,"excerpt":215,"wordCount":216,"uri":217,"slug":218,"cloudinaryAssetId":219,"featuredImageOriginalUrl":220,"featuredImageMetadata":221,"author":222,"categories":224,"relatedPosts":226},"SoFi Technologies公布了其有史以来最佳季度业绩。然而，该股股价仍较其高点下跌了42%。","2026-07-17 17:07:00","SoFi刚刚公布了创纪录的营收，并连续第十个季度实现盈利，那为何其股价自1月以来却下跌了近一半？",1009,"\u002Fblog\u002Fsofi-technologies-posted-its-best-quarter-ever-the-stock-is-still-down-42-from-its-high","sofi-technologies-posted-its-best-quarter-ever-the-stock-is-still-down-42-from-its-high","images\u002FSoFi-Featured\u002FSoFi-Featured","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784293624\u002Fimages\u002FSoFi-Featured\u002FSoFi-Featured.png?_i=AA",{"altText":213},{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":223},[],[225],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],{"id":183,"title":228,"date":229,"excerpt":230,"wordCount":231,"uri":232,"slug":233,"cloudinaryAssetId":234,"featuredImageOriginalUrl":235,"featuredImageMetadata":236,"author":237,"categories":239,"relatedPosts":241},"德州仪器股票在2026年上涨了64%。模拟芯片的复苏才刚刚开始","2026-07-17 16:46:00","德州仪器公司花了三年时间消化一项大规模制造投资带来的成本，如今这笔投资的回报正开始体现在财务数据中。",1032,"\u002Fblog\u002Ftexas-instruments-stock-is-up-64-in-2026-the-analog-chip-recovery-has-only-just-started","texas-instruments-stock-is-up-64-in-2026-the-analog-chip-recovery-has-only-just-started","images\u002FTexas-Instruments-Featured\u002FTexas-Instruments-Featured","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784292347\u002Fimages\u002FTexas-Instruments-Featured\u002FTexas-Instruments-Featured.png?_i=AA",{"altText":228},{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":238},[],[240],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],{"id":183,"title":243,"date":244,"excerpt":245,"wordCount":246,"uri":247,"slug":248,"cloudinaryAssetId":249,"featuredImageOriginalUrl":250,"featuredImageMetadata":251,"author":252,"categories":256,"relatedPosts":258},"AMD周四下跌5%。该股2026年走向预测","2026-07-17 16:10:00","AMD股价周四下跌5%，市场质疑AI增长预期是否已被充分消化，而我们的分析显示该股估值合理。以下是Helios部署和服务器CPU增长将如何影响AMD直至2026年的业绩表现。",819,"\u002Fblog\u002Famd-fell-5-on-thursday-heres-where-the-stock-is-headed-in-2026","amd-fell-5-on-thursday-heres-where-the-stock-is-headed-in-2026","images\u002F@Alexanders-Images-via-Canva-@Alexanders-Images-via-Canva\u002F@Alexanders-Images-via-Canva-@Alexanders-Images-via-Canva","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784303981\u002Fimages\u002F@Alexanders-Images-via-Canva-@Alexanders-Images-via-Canva\u002F@Alexanders-Images-via-Canva-@Alexanders-Images-via-Canva.png?_i=AA",{"altText":243},{"name":253,"slug":254,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":255},"Nikko Henson","nikkotikr",[],[257],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],{"id":183,"title":260,"date":261,"excerpt":262,"wordCount":263,"uri":264,"slug":265,"cloudinaryAssetId":266,"featuredImageOriginalUrl":267,"featuredImageMetadata":268,"author":269,"categories":271,"relatedPosts":273},"AWS刚刚达到1500亿美元的年化运行率。那么，为什么亚马逊股价仍比其高点低9%？","2026-07-17 15:26:00","亚马逊公司正公布创纪录的利润率，其AWS业务也录得三年来最快增速，但公司股价却持续遭遇抛售。",1086,"\u002Fblog\u002Faws-just-hit-a-150-billion-annual-run-rate-so-why-is-amazon-stock-still-9-below-its-high","aws-just-hit-a-150-billion-annual-run-rate-so-why-is-amazon-stock-still-9-below-its-high","images\u002FAmazon-Featured\u002FAmazon-Featured","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784291013\u002Fimages\u002FAmazon-Featured\u002FAmazon-Featured.png?_i=AA",{"altText":260},{"name":168,"slug":169,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":270},[],[272],{"name":180,"slug":181,"uri":182,"description":171,"postsCount":183},[],[275,293,308,323,336,351,371,385,400,415,430,448,463,478,493,508],{"id":183,"title":276,"date":277,"excerpt":278,"wordCount":279,"uri":280,"slug":281,"cloudinaryAssetId":282,"featuredImageOriginalUrl":283,"featuredImageMetadata":284,"author":285,"categories":287,"relatedPosts":292},"在股价下跌77%后，是否应该买入Duolingo股票？","2026-07-18 11:00:00","Duolingo第一季度EBITDA超出预期14%，自由现金流超出预期117%，但股价仍较2026年峰值低66%。原因如下。",1047,"\u002Fblog\u002Fshould-you-buy-duolingo-stock-after-its-77-drawdown","should-you-buy-duolingo-stock-after-its-77-drawdown","images\u002FFEATURED-IMAGE-MAKER-1077\u002FFEATURED-IMAGE-MAKER-1077","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784356849\u002Fimages\u002FFEATURED-IMAGE-MAKER-1077\u002FFEATURED-IMAGE-MAKER-1077.png?_i=AA",{"altText":276},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":286},[],[288],{"name":289,"slug":290,"uri":291,"description":171,"postsCount":183},"一般投资","general-investing","\u002Fblog\u002Fcategory\u002Fgeneral-investing",[],{"id":183,"title":294,"date":295,"excerpt":296,"wordCount":297,"uri":298,"slug":299,"cloudinaryAssetId":300,"featuredImageOriginalUrl":301,"featuredImageMetadata":302,"author":303,"categories":305,"relatedPosts":307},"Palantir股价在创纪录的业绩展望上调后，是否依然便宜？","2026-07-18 10:00:00","Palantir美国业务实现104%增长，创下首个三位数季度增速，并触发了公司历史上最大幅度的业绩指引上调。",965,"\u002Fblog\u002Fis-palantir-stock-still-cheap-after-a-record-guidance-hike","is-palantir-stock-still-cheap-after-a-record-guidance-hike","images\u002FFEATURED-IMAGE-MAKER-1076\u002FFEATURED-IMAGE-MAKER-1076","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784355993\u002Fimages\u002FFEATURED-IMAGE-MAKER-1076\u002FFEATURED-IMAGE-MAKER-1076.png?_i=AA",{"altText":294},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":304},[],[306],{"name":289,"slug":290,"uri":291,"description":171,"postsCount":183},[],{"id":183,"title":309,"date":310,"excerpt":311,"wordCount":312,"uri":313,"slug":314,"cloudinaryAssetId":315,"featuredImageOriginalUrl":316,"featuredImageMetadata":317,"author":318,"categories":320,"relatedPosts":322},"Booking Holdings股价在中东地区导致业绩展望下调后是否值得买入？","2026-07-17 17:30:00","Booking Holdings的股价较5月低点下跌了20%。华尔街给出了31个买入\u002F跑赢大盘评级，零个卖出评级。以下是其中的脱节之处。",1167,"\u002Fblog\u002Fis-booking-holdings-stock-a-buy-after-its-middle-east-driven-guidance-cut","is-booking-holdings-stock-a-buy-after-its-middle-east-driven-guidance-cut","images\u002FFEATURED-IMAGE-MAKER-1074\u002FFEATURED-IMAGE-MAKER-1074","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784305577\u002Fimages\u002FFEATURED-IMAGE-MAKER-1074\u002FFEATURED-IMAGE-MAKER-1074.png?_i=AA",{"altText":309},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":319},[],[321],{"name":289,"slug":290,"uri":291,"description":171,"postsCount":183},[],{"id":183,"title":324,"date":310,"excerpt":325,"wordCount":326,"uri":327,"slug":328,"cloudinaryAssetId":-1,"featuredImageOriginalUrl":329,"featuredImageMetadata":330,"author":331,"categories":333,"relatedPosts":335},"为何到2030年ServiceNow股票可能翻倍以上","ServiceNow将其2026年人工智能营收目标在季度中期上调了50%，达到15亿美元。该股目前仍处于约58%的回撤区间。",1134,"\u002Fblog\u002Fwhy-servicenow-stock-could-more-than-double-by-2030","why-servicenow-stock-could-more-than-double-by-2030","https:\u002F\u002Ftikr1.wpengine.com\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FFEATURED-IMAGE-MAKER-1075-600x360.png",{"altText":324},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":332},[],[334],{"name":289,"slug":290,"uri":291,"description":171,"postsCount":183},[],{"id":183,"title":337,"date":338,"excerpt":339,"wordCount":340,"uri":341,"slug":342,"cloudinaryAssetId":343,"featuredImageOriginalUrl":344,"featuredImageMetadata":345,"author":346,"categories":348,"relatedPosts":350},"EQT股票在创下2026年第一季度自由现金流纪录后值得买入吗？","2026-07-17 16:00:00","EQT的股价表现，仿佛其液化天然气合同根本不存在。管理层刚刚表示，这些合同每年可能价值25亿美元。",1093,"\u002Fblog\u002Fis-eqt-stock-a-buy-after-its-q1-2026-free-cash-flow-record","is-eqt-stock-a-buy-after-its-q1-2026-free-cash-flow-record","images\u002FFEATURED-IMAGE-MAKER-1072\u002FFEATURED-IMAGE-MAKER-1072","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784300051\u002Fimages\u002FFEATURED-IMAGE-MAKER-1072\u002FFEATURED-IMAGE-MAKER-1072.png?_i=AA",{"altText":337},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":347},[],[349],{"name":289,"slug":290,"uri":291,"description":171,"postsCount":183},[],{"id":183,"title":352,"date":353,"excerpt":354,"wordCount":355,"uri":356,"slug":357,"cloudinaryAssetId":358,"featuredImageOriginalUrl":359,"featuredImageMetadata":360,"author":361,"categories":365,"relatedPosts":370},"Cintas股价大涨7%，此前业绩超预期且获美国银行上调评级","2026-07-17 15:03:52","Cintas股价上涨6.5%，此前美国银行在该公司公布强劲的第四季度业绩和2027年业绩展望后，将其股票评级上调至买入。",779,"\u002Fblog\u002Fcintas-nasdaq-stock-jumps-following-bank-of-america-rating-upgrade","cintas-nasdaq-stock-jumps-following-bank-of-america-rating-upgrade","images\u002FCTAS-Stock_11788155171\u002FCTAS-Stock_11788155171","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784288732\u002Fimages\u002FCTAS-Stock_11788155171\u002FCTAS-Stock_11788155171.png?_i=AA",{"altText":352},{"name":362,"slug":363,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":364},"Aditya 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15:00:00","强生第二季度每股收益超出预期1.6%，并再次上调了全年业绩指引。TIKR的模型预测其股价将达到466美元。",922,"\u002Fblog\u002Fjohnson-johnson-q2-2026-results-a-clean-beat-on-revenue-and-eps-despite-a-gaap-miss","johnson-johnson-q2-2026-results-a-clean-beat-on-revenue-and-eps-despite-a-gaap-miss","https:\u002F\u002Ftikr1.wpengine.com\u002Fwp-content\u002Fuploads\u002F2026\u002F07\u002FFEATURED-IMAGE-MAKER-1073-600x360.png",{"altText":372},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":381},[],[383],{"name":367,"slug":368,"uri":369,"description":171,"postsCount":183},[],{"id":183,"title":386,"date":387,"excerpt":388,"wordCount":389,"uri":390,"slug":391,"cloudinaryAssetId":392,"featuredImageOriginalUrl":393,"featuredImageMetadata":394,"author":395,"categories":397,"relatedPosts":399},"纽约梅隆银行股价下跌，因支出预测上升抵消季度盈利超预期","2026-07-17 11:41:00","纽约梅隆银行股价下跌，尽管第二季度盈利超出预期，但投资者更关注该银行上调的支出前景。",793,"\u002Fblog\u002Fbank-of-new-york-mellon-nyse-stock-slips-as-rising-expense-forecast-offsets-quarterly-earnings-beat","bank-of-new-york-mellon-nyse-stock-slips-as-rising-expense-forecast-offsets-quarterly-earnings-beat","images\u002FBNY-stock\u002FBNY-stock","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784198512\u002Fimages\u002FBNY-stock\u002FBNY-stock.png?_i=AA",{"altText":386},{"name":362,"slug":363,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":396},[],[398],{"name":367,"slug":368,"uri":369,"description":171,"postsCount":183},[],{"id":183,"title":401,"date":402,"excerpt":403,"wordCount":404,"uri":405,"slug":406,"cloudinaryAssetId":407,"featuredImageOriginalUrl":408,"featuredImageMetadata":409,"author":410,"categories":412,"relatedPosts":414},"直觉外科手术公司股价暴跌11%，尽管业绩超出预期","2026-07-17 11:01:00","直觉外科公司股价在盘后下跌超过10%，尽管其二季度业绩超出预期，但美国市场的手术量增长显示出放缓迹象。",807,"\u002Fblog\u002Fintuitive-surgical-nasdaq-isrg-stock-tumbles-11-despite-topping-earnings-expectations","intuitive-surgical-nasdaq-isrg-stock-tumbles-11-despite-topping-earnings-expectations","images\u002FISRG-Stock-1\u002FISRG-Stock-1","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1784274746\u002Fimages\u002FISRG-Stock-1\u002FISRG-Stock-1.png?_i=AA",{"altText":401},{"name":362,"slug":363,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":411},[],[413],{"name":367,"slug":368,"uri":369,"description":171,"postsCount":183},[],{"id":183,"title":416,"date":417,"excerpt":418,"wordCount":419,"uri":420,"slug":421,"cloudinaryAssetId":422,"featuredImageOriginalUrl":423,"featuredImageMetadata":424,"author":425,"categories":427,"relatedPosts":429},"Fastenal第二季度盈利超预期，自由现金流超出市场预期111%","2026-07-17 11:00:00","Fastenal的投入资本回报率(ROIC)在丹·弗洛内斯卸任CEO的同一季度创下十年来最佳水平，达到30%出头。以下是TIKR仍认为其有93%上涨空间的原因。",935,"\u002Fblog\u002Ffastenal-beats-q2-earnings-estimates-as-free-cash-flow-tops-street-by-111","fastenal-beats-q2-earnings-estimates-as-free-cash-flow-tops-street-by-111","images\u002FFEATURED-IMAGE-MAKER-1066\u002FFEATURED-IMAGE-MAKER-1066","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784274519\u002Fimages\u002FFEATURED-IMAGE-MAKER-1066\u002FFEATURED-IMAGE-MAKER-1066.png?_i=AA",{"altText":416},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":426},[],[428],{"name":367,"slug":368,"uri":369,"description":171,"postsCount":183},[],{"id":183,"title":431,"date":432,"excerpt":433,"wordCount":434,"uri":435,"slug":436,"cloudinaryAssetId":437,"featuredImageOriginalUrl":438,"featuredImageMetadata":439,"author":440,"categories":442,"relatedPosts":447},"CVS股票分析：高股息收益率是否值得承担转型风险？","2026-07-16 13:00:00","CVS Health的派息率降至29%，而其季度股息连续八个季度维持在每股0.67美元。股息率则降至2.47%。",1060,"\u002Fblog\u002Fcvs-stock-analysis-is-the-high-yield-worth-the-turnaround-risk","cvs-stock-analysis-is-the-high-yield-worth-the-turnaround-risk","images\u002FFEATURED-IMAGE-MAKER-1058\u002FFEATURED-IMAGE-MAKER-1058","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784199539\u002Fimages\u002FFEATURED-IMAGE-MAKER-1058\u002FFEATURED-IMAGE-MAKER-1058.png?_i=AA",{"altText":431},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":441},[],[443],{"name":444,"slug":445,"uri":446,"description":171,"postsCount":183},"股息","dividends","\u002Fblog\u002Fcategory\u002Fdividends",[],{"id":183,"title":449,"date":450,"excerpt":451,"wordCount":452,"uri":453,"slug":454,"cloudinaryAssetId":455,"featuredImageOriginalUrl":456,"featuredImageMetadata":457,"author":458,"categories":460,"relatedPosts":462},"CSCO股票回顾：思科系统是最安全的科技股价值投资选择吗？","2026-07-16 12:00:00","思科的派息率已从两年前的74%降至49%，同时每股股息则升至0.42美元。",1191,"\u002Fblog\u002Fcsco-stock-review-is-cisco-systems-the-safest-tech-value-play","csco-stock-review-is-cisco-systems-the-safest-tech-value-play","images\u002FFEATURED-IMAGE-MAKER-1057\u002FFEATURED-IMAGE-MAKER-1057","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784195959\u002Fimages\u002FFEATURED-IMAGE-MAKER-1057\u002FFEATURED-IMAGE-MAKER-1057.png?_i=AA",{"altText":449},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":459},[],[461],{"name":444,"slug":445,"uri":446,"description":171,"postsCount":183},[],{"id":183,"title":464,"date":465,"excerpt":466,"wordCount":467,"uri":468,"slug":469,"cloudinaryAssetId":470,"featuredImageOriginalUrl":471,"featuredImageMetadata":472,"author":473,"categories":475,"relatedPosts":477},"TXN股息：最适合长期派息增长的芯片股","2026-07-16 11:00:00","德州仪器过去12个月的自由现金流达到44亿美元，是去年17亿美元的两倍多。股息随之而来。",1470,"\u002Fblog\u002Ftxn-dividend-the-best-long-lifecycle-chip-stock-for-payout-growth","txn-dividend-the-best-long-lifecycle-chip-stock-for-payout-growth","images\u002FFEATURED-IMAGE-MAKER-1056\u002FFEATURED-IMAGE-MAKER-1056","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784194373\u002Fimages\u002FFEATURED-IMAGE-MAKER-1056\u002FFEATURED-IMAGE-MAKER-1056.png?_i=AA",{"altText":464},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":474},[],[476],{"name":444,"slug":445,"uri":446,"description":171,"postsCount":183},[],{"id":183,"title":479,"date":480,"excerpt":481,"wordCount":482,"uri":483,"slug":484,"cloudinaryAssetId":485,"featuredImageOriginalUrl":486,"featuredImageMetadata":487,"author":488,"categories":490,"relatedPosts":492},"联合太平洋铁路 (UNP) 股票：买入这家铁路股息背后的护城河","2026-07-16 10:00:00","联合太平洋的派息率目前为48%，调整后每股收益增长了9%。其股息具备大多数股票难以企及的增长空间。",1155,"\u002Fblog\u002Funion-pacific-unp-stock-buying-the-moat-behind-this-rail-dividend","union-pacific-unp-stock-buying-the-moat-behind-this-rail-dividend","images\u002FFEATURED-IMAGE-MAKER-1055\u002FFEATURED-IMAGE-MAKER-1055","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784183265\u002Fimages\u002FFEATURED-IMAGE-MAKER-1055\u002FFEATURED-IMAGE-MAKER-1055.png?_i=AA",{"altText":479},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":489},[],[491],{"name":444,"slug":445,"uri":446,"description":171,"postsCount":183},[],{"id":183,"title":494,"date":495,"excerpt":496,"wordCount":497,"uri":498,"slug":499,"cloudinaryAssetId":500,"featuredImageOriginalUrl":501,"featuredImageMetadata":502,"author":503,"categories":505,"relatedPosts":507},"NUE股票股息收益率：为何纽柯公司提供独特的周期性保护","2026-07-16 09:00:00","纽柯钢铁的派息率在创纪录的700万吨季度产量后已降至17%，股息收益率目前为1.0%。以下是股息数据揭示的情况。",1202,"\u002Fblog\u002Fnue-stock-dividend-yield-why-nucor-offers-unique-cyclical-protection","nue-stock-dividend-yield-why-nucor-offers-unique-cyclical-protection","images\u002FFEATURED-IMAGE-MAKER-1054\u002FFEATURED-IMAGE-MAKER-1054","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1784181389\u002Fimages\u002FFEATURED-IMAGE-MAKER-1054\u002FFEATURED-IMAGE-MAKER-1054.png?_i=AA",{"altText":494},{"name":206,"slug":207,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":504},[],[506],{"name":444,"slug":445,"uri":446,"description":171,"postsCount":183},[],{"id":183,"title":509,"date":510,"excerpt":511,"wordCount":512,"uri":513,"slug":514,"cloudinaryAssetId":515,"featuredImageOriginalUrl":516,"featuredImageMetadata":517,"author":518,"categories":520,"relatedPosts":525},"英特尔的转型终于成真，还是投资者应避开的估值陷阱？","2026-07-14 13:51:00","英特尔正全力寻求真正复苏，分头押注设计与晶圆代工业务。以下是如何判断英特尔股票究竟是逆袭良机还是投资陷阱。",1222,"\u002Fblog\u002Fintel-stock-turnaround-real-or-value-trap-investors","intel-stock-turnaround-real-or-value-trap-investors","images\u002FAVGO-stock-1_11637505260\u002FAVGO-stock-1_11637505260","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1783577235\u002Fimages\u002FAVGO-stock-1_11637505260\u002FAVGO-stock-1_11637505260.png?_i=AA",{"altText":509},{"name":362,"slug":363,"role":170,"roleTitle":171,"biography":171,"avatar":171,"socialMediaLinks":519},[],[521],{"name":522,"slug":523,"uri":524,"description":171,"postsCount":183},"估价","valuation","\u002Fblog\u002Fcategory\u002Fvaluation",[]]