This PriceSmart Bear Won’t Fight The Bulls
Many markets appear saturated. I see little potential for new stores in the more stable markets. Colombia has potential for new locations, but economic troubles there will likely be a source of ongoing sales and earnings volatility. A trailing P/E ratio of 30 suggests growth, but growth has been sluggish for years. The profit I made from puts …
News story posted on 2019-12-18T09:38:00.0000000Z
