This analyst is growing cautious about the company's prospects in the near term.Costco Wholesale (COST -0.79%) stock has cooled off since hitting an all-time high of $787 in March. The stock is currently sitting at $702, or 8% below the previous peak.Analysts at Gordon Haskett are cautious on several top retail stocks, including Costco. The firm is still positive on the shares but lowered its rating from "buy" to "accumulate" with a price target of $775 -- about 11% above the current share price.Why analyst ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

Costco (NASDAQ:COST) is preparing to launch a new weight loss program that will allow some patients to get weight loss drug Ozempic from the retailer’s pharmacy partner.The new weight loss program from Costco is being offered as part of its team-up with Sesame. This will allow customers to sign up for a weight loss subscription service that costs $179 every three months.The weight loss service from Sesame includes consultation and help from clinicians. This may also include prescribing patients Ozempic if t ...

There is no need for Costco members to worry about inflating food court prices if they can cut out food cravings.Costco has launched a subscription-based weight loss program for members and non-members of the nationwide wholesaler — which includes access to prescription weight-loss drugs. 3 Costco rolled out the program on April 2 but has been working with Sesame since the Fall of 2023. David Tucker/News-Journal / USA TODAY NETWORKThe wholesaler announced on Tuesday that members will pay as low as $179 fo ...

Costco (COST -0.23%) investors aren't used to being disappointed. The warehouse retailer's stock has trounced the S&P 500 over the last five years even while the company sent billions to its shareholders through special dividend payouts. Factoring in those payments places Costco's returns at over 230% -- more than double the market's 100% rally since March 2021.Those are some head-turning gains for a retailing stock that's one of the least profitable in its peer group. We're not talking about a fast-growing ...

Many investors absolutely love Costco Wholesale (COST 0.07%) stock. But the late, great Charlie Munger might have been the most head-over-heels for this warehouse-style retail chain. Shortly before he passed away, he did an interview with the Acquired podcast and explained some of the desirable traits of Costco's business model.Munger, Warren Buffett's right-hand man, talked about how it delivers exceptional value to its customers, who in turn deliver exceptional loyalty.For the unaware, Costco keeps prices ...

Stock splits often happen when a stock's price gets high enough that management feels inclined to lower it to make it more accessible to a wider pool of investors. If a stock is trading at hundreds or thousands of dollars, investors who aren't able to buy fractional shares may not be able to own the stock. But with stock splits, companies can reduce their share prices, thus making them a useful tool for that purpose.One prime stock split possibility that investors may be wondering about is Costco Wholesale ...

It's not just companies with exposure to the hypergrowth artificial intelligence space that have registered huge returns. Even a boring retailer, such as Costco (COST -1.04%), is up big. Its shares have more than tripled just in the last five years. For comparison's sake, the S&P 500 is up 86% during the same time.This has undoubtedly been a magnificent stock. It's already up double digits in 2024 (as of March 21) as the momentum continues. And it was a longtime favorite of the late great Charlie Munger.How ...

Retail is one of the best markets for long-term investment, known for its consistent growth. The industry ranges from grocery to e-commerce, consumer tech, and much more, allowing stockholders to benefit from the tailwinds of dozens of segments. In fact, the global retail market hit a valuation of $27 trillion in 2022 and is projected to rise to $30 trillion this year. Costco (COST -1.04%) has enjoyed immense success, with its shares up 213% since 2019. The company's wholesale business model has won over co ...

You can tell just by a glance at its share price chart that Wall Street loves Costco Wholesale (COST -1.04%) right now. The warehouse retailer is trading near all-time highs, having jumped over 50% since early 2023. That's a better performance than many popular tech stocks have managed during this time.What makes investors so enamored with Costco's business, given its relatively slow growth and low profit margin? And is there a downside to buying the stock after its recent rally? Let's dive right in.Shopper ...