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birb_cromble


				

				

				
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joined 2024 September 01 16:16:53 UTC

				

User ID: 3236

birb_cromble


				
				
				

				
0 followers   follows 0 users   joined 2024 September 01 16:16:53 UTC

					

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User ID: 3236

Good point. I hadn't considered his age.

WM does more than just residential pickups, but it's all trash. I've had some shares for years because they've historically been low volatility and offer a good dividend.

Is this a riff on "it's already priced in", then?

Would you mind elaborating on your rationale for any of these? I'm particularly interested in Costco.

On one hand, I get it. The hot dog is the only truly inflation-proof asset.

On the other hand, a multiple that high assumes some pretty massive future returns, and I don't see how Costco pulls that off without some bonkers expansion, and the last retail consumer staple company that tried that was Target, and the bet didn't pay off.

What do you think is an appropriate P/E for the following companies? I was looking at them this week and I was a little surprised at how things have crept upwards this year.

  • Costco (currently 46x)
  • Walmart (currently 37x)
  • Waste Management (currently 32x)
  • Sysco (currently 23x)
  • TSMC (currently 30x)
  • Airbus (currently 37x)
  • Coca cola (currently 27x)