COSTCO STOCK
COSTCO STOCK
How do i forecast a companies stock price a year from now? Costco is the company by the way...?
Forecasts in this case is just guessing. Look at the beta of the stock. That gives you some idea of how Costco performed in relation to the market as a whole in the past.
Now all you have to do is figure out what leve the stock market will be a year from now. If you think it will be up 10% multiply that number by the beta and then by the current price of Costco stock. Of course, there might be some revelation that will have either a positive or negative impact on the price of Costco stock.
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