Costco Wholesale Corporation (NASDAQ:COST) steps into the earnings confessional tomorrow, with the discount retailer scheduled to report fiscal fourth-quarter financial results after the close. Ahead of the event, COST sports an intriguing technical setup worth exploring.Looking back at the last eight quarters, COST's post-earnings are a mixed bag, with four moves higher and four moves lower. There’s the muted 0.7% drop back in May, but the shares added 4.4% the day after the company’s December report. This ...

As Costco Wholesale Corporation (COST) gears up to unveil its fourth-quarter fiscal 2024 results on Sept. 26 after the closing bell, investors are faced with a key question: Is now the time to add Costco to your portfolio, hold your position or initiate a new investment? Whether you are a long-term shareholder or seeking to capitalize on potential growth, evaluating the stock ahead of its earnings report is essential for making informed investment decisions.Costco's strategic investments, customer-centric a ...

The stock market is a platform where investors buy and sell shares of publicly traded companies. It offers opportunities for individuals and institutions to invest in various sectors of the economy. Blue chip stocks represent shares of large, well-established companies with a history of stable earnings. These companies are often household names and industry leaders. Blue chip stocks are notable for their reliability and financial stability.Investing in blue chip stocks can offer several advantages. They typ ...

Costco Wholesale Corp (NASDAQ:COST) has been outperforming on the charts, recently hitting a Sept. 13 record high of $923.82, though the $920 region appears to now be emerging as pressure. Today, COST was last seen up 1.3% at $918.59, looking to add to its 39% year-to-date gain.The discount retail giant is gearing up for its latest earnings report, due out after the close on Thursday, Sept. 26. The stock finished the session lower following its past two reports this year, and after four total in the last tw ...

Wall Street analysts expect Costco (COST) to post quarterly earnings of $5.04 per share in its upcoming report, which indicates a year-over-year increase of 3.7%. Revenues are expected to be $79.82 billion, up 1.1% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 0.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead of a com ...

"We're in an asset bubble, and TQI can help you navigate it profitably"I am Ahan Vashi, a seasoned investor with professional background in equity research, private equity, and software engineering. I currently serve as the Chief Financial Engineer at The Quantamental Investor, a community pursuing financial freedom through bold, active investing with proactive risk management. TQI was established in July 2022 with a singular mission to make investing simple, fun, and profitable for all investors. In alignm ...

One of Wall Street's top-performing stocks is perfectly positioned to announce a stock split later this week.For much of the last two years, Wall Street and investors have been fixated on the artificial intelligence (AI) revolution. But what they might not realize is how important stock-split euphoria has been for pushing Wall Street's major indexes higher in 2024.A stock split is a tool public companies have at their disposal that allows them to superficially adjust their share price and outstanding share ...

Costco (NASDAQ: COST ) is an exceptional business. However, I believe whilst the company provides great value for its customers, it is not attractive for investors at the moment. I have a bearish view on the stock:Providing alpha-generating investment ideas. I am an independent investor managing my family's portfolio, primarily via a Self Managed Super Fund. You can expect my articles to deliver a clearly structured, evidence-based thesis. But first and foremost, I encourage readers to judge me on my perfor ...

\The word "Netflix" shines brightly at the presentation of the new season (3) of the Netflix series "Bridgerton" in the Flora.As the earnings reporting season draws to a close, many companies were able to deliver solid results despite pressures on consumer spending.Investors seeking stocks that can withstand short-term pressures and deliver over the long term should track the recommendations of top Wall Street analysts.Bearing that in mind, here are three stocks favored by the Street's top pros, according t ...

There's more than meets the eye when it comes to the membership-based wholesale retailer's dividend.Costco (COST 0.69%) shareholders have had an incredible run. Shares are up 60% over the last year and 208% over the past five. This obliterates the S&P 500's returns during both periods. Wall Street clearly loves this membership-based wholesale retailer's stock. But what is it, exactly, about Costco that investors love?We all know investors love the company's business model, which flexes its scale to provide ...