Implied volatility has spiked and sentiment is really on the floor in Costco (NYSE:COST). Too much fear from the recent Amazon (NASDAQ:AMZN) deal has adversely affected retail stocks. Can Costco bounce back from these lows ?
Fear is always overstated. Just look at the fundamentals of Target (NYSE:TGT) over the past decade and you can see the company has consistently increased its earnings and its revenues. This turbulence soon shall pass..