Costco Wholesale (NASDAQ:COST) is known for its discounts, but COST stock might not look cheap to some reluctant investors. Nevertheless, after viewing Costco’s recent results, even the skeptics will surely be tempted to stock up on a few shares.There are plenty of commentators who praised Amazon (NASDAQ:AMZN) for its robust holiday-season 2023 sales. Yet, Amazon isn’t the only business that fared well. Furthermore, Amazon doesn’t pay any dividends — but a certain retail chain does.Of course, I’m referring ...

After an abysmal 2022, the S&P 500 Index and the Nasdaq Composite regained their footing in grand fashion in 2023. The S&P 500 Index ETF ((SPY) gained 26.19%, while the Nasdaq 100 ETF ((QQQ) soared 54%. Like in 2023, investors are likely overwhelmed by the plethora of bold analyst estimates in one direction or another. However, the issue with following such bold predictions is that, more often than not, they are based on gut feel rather than data and in-depth analysis. In today’s piece, I will look to cut t ...

Costco (COST) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this warehouse club operator have returned +4.8% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Retail - Discount Stores industry, to which Costco belongs, has gained 9.4% over this period. Now the key question is: Where could the stock be headed in the near term ...

MIAMI, FLORIDA - DECEMBER 15: Customers visit a Costco Wholesale store on December 15, 2023 in ... [+] Miami, Florida. Costco Wholesale beat expectations for the company's Q1 earnings with a 16.6 % increase. The retailer's board also declared a special cash dividend of $15 per share to investors. (Photo by Joe Raedle/Getty Images)Getty ImagesNote: Costco FY’23 ended on August 27, 2023.After a 39% increase in 2023, at around $667 per share, we believe Costco (NASDAQ: COST), a warehouse club operator - is fai ...

Costco’s online gold sales are popular with fans of the bulk-goods retailer and enthusiasts of the yellow metal. Photo: Bing Guan/Bloomberg NewsRon Williams,a retired Air Force production superintendent in Utah, usually buys gold investment coins and bars from his precious-metals dealer. But when he found 1-ounce gold bars available on Costco Wholesale’s website recently, he decided to give them a shot. “They seem pretty competitive with other bullion dealers,” says the 62-year-old Williams. “And the shippi ...

One of the main themes of 2023 may be relief – that is, relief that we avoided a downcycle – and so it begs the question: why talk about 2024 recession worries? More to the point, why deal with recession stocks? If everything appears to be moving according to plan, targeting investments that may best weather an economic storm could incur an opportunity cost.Specifically, by being too conservative, you can end up losing the game. Think about a football game where the team holding onto a slim lead goes into a ...

Costco Wholesale Corp. COST, +0.57% on Thursday said that December sales rose 9.9% year over year to $26.15 billion, helped by a jump in its e-commerce business, with sales for the 17 weeks ending Dec. 31 coming in at $82.86 billion, a 5.9% gain. The membership retail chain said that in December, same-store sales overall rose 8.5%, with a 5.2% increase for those 17 weeks. E-commerce sales in December were up 17.7%. Shares rose 0.8% after hours. ...

ISSAQUAH, Wash., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today reported net sales of $26.15 billion for the retail month of December, the five weeks ended December 31, 2023 an increase of 9.9 percent from $23.80 billion last year. For the seventeen weeks ended December 31, 2023, the Company reported net sales of $82.86 billion, an increase of 5.9 percent from $78.26 billion for the seventeen weeks of fiscal year 2023 ended December 25, 2022. N ...

The outlook for the Retail – Discount Stores industry remains optimistic, driven by a combination of consumer trends, technological innovations and strategic adaptations. With consumers becoming increasingly value-conscious, discount retailers are well-positioned to cater to this demand. The industry's resilience, especially during economic uncertainties, is bolstered by the sector's ability to offer cost-effective products.Moreover, the integration of advanced technologies like data analytics and artificia ...

Costco Wholesale (COST -1.43%) has become one of the world's most successful retailers. Shareholders have reaped huge rewards over time, as Costco stock has soared 72,600% since going public in the early 1980s.A big part of Costco's popularity has come from the fact that you can get just about anything you want there. The warehouse retailer is probably best known for its cost-conscious rotisserie chickens and hot dog meals. Customers also like to stock up on essentials like toilet paper while they're shoppi ...