Brian Sozzi Says Buy Costco (COST)

Brian Sozzi of Wall Street Strategies is on CNBC and he is saying that he would be a buyer of Costco COST this morning on weakness, after the company reported earnings this morning that beat Wall Street estimates. Sozzi said he wants to hear the conference call and expects solid guidance from the company, maybe even a little it better than expected. Shares of COST are down 26 cents in pre-market trading to $69.38. Costco Wholesale Corporation operates membership warehouses that offer a selection of branded and private label products in a range of merchandise categories in no-frills, self-service warehouse facilities.