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 ...

Eric Thayer Costco (NASDAQ:COST) experienced an exceptionally strong q1’24 in revenue across all segments and membership growth. With margins widening towards FY21 levels, the big question is whether Costco will be able to maintain this level of growth and profitability. With an anticipated 33 new warehouses opening in 2024, strong 90.50% global renewal rates, and gasoline prices relieving some of the pressure on gross margins, Costco should be set up for a strong FY24. I provide COST shares a BUY recom ...

Investors love stock splits. Although they don't change anything essential about a company or its stock, companies that split their stocks have typically seen them rise in value to such an extent that they need to reduce the price tags to make them more accessible to investors. That indicates these are well-run, well-liked companies, making them intriguing stock picks.High-profile companies like Amazon, Apple, and Nvidia have recently split their stocks. But despite huge price tags, Costco Wholesale (COST - ...

Costco Wholesale (COST 1.09%) doesn't have a lot of bells and whistles as a retailer, but that hasn't stopped the stock from delivering monster returns over its history.Since its IPO in 1985, Costco's stock price has grown by more than 75,000%, turning a $1,000 investment into more than $750,000. That's not including dividends -- reinvested dividends along Costco's history raised the total return to 110,800%. The retail giant was back in the news lately after announcing a $15-per-share special dividend. Cos ...

On Dec. 14, Costco Wholesale (COST 1.09%) announced its biggest special dividend ever: $15 in cash to each shareholder on record as of Dec. 28. The announcement led to a surge of interest from investors who want to take advantage of the windfall and the possibility of more to come. But what will Costco's long-term performance look like? Let's discuss whether the retailer has what it takes to continue rewarding investors. Costco is trouncing the marketWith its shares up by a solid 48% year to date in 2023, C ...

Blue chip stocks refer to shares of large, well-established companies that have a history of steady earnings and dividend payments. These companies typically have ample cash reserves and operate in mature industries. Some examples of blue chip stocks include Johnson & Johnson (NYSE: JNJ), Procter & Gamble (NYSE: PG), and Coca-Cola (NYSE: KO).Investing in blue chip stocks offers several potential advantages. Their size and financial strength provide them with staying power during market downturns. Their cons ...