From high-yield pharma plays to growth-oriented compounders, these eight stocks offer something for every dividend investor.High-yield stocks receive all the attention, but the best dividend portfolios strike a balance between current income and long-term compounding. These eight stocks span multiple sectors and investment styles, from low-yield growth machines to high-yield income generators.Each stock offers a different reason to own it -- and together, they form the foundation of a diversified dividend s ...

来源：36氪 奢侈品跟几十块牛仔裤放在一起卖。 文｜温颖颖 编辑｜袁明武 来源｜金角财经（ID：F-Jinjiao) 封面来源｜视觉中国 "Lululemon要警惕开市客了。" 一个是卖瑜伽裤的中产品牌，一个是靠5美元烤鸡出圈的仓储式会员超市，却越来越频繁地被放在一起讨论。 理由很简单：2025财年，开市客（Costco）已悄然成为全球服装巨头，服装业务的销售额高达97亿美元（约合人民币691亿元）。 这个体量，不但超过了Prada集团（2024年营收58.8亿美元）、Coach母公司Tapestry（66.7亿美元），甚至开始逼近Lululemon（106亿美元）、安踏集团 （708.26亿元人民币）。 更令人意外的是，它不仅卖得多，还长期保持高速增长。2019—2024年间，开市客服饰销售额累计增长40%，年复合增速接近7%；同期，中国服装市场 CAGR仅4.64%，美国更只有3%——行业在放缓，唯独它逆势提速。 有研究把原因归结为"更多人去超市买平价衣服"，但这个解释的说服力还不够。开市客既卖平价基础款，也卖爱马仕、拉夫劳伦等高端品牌；更关键的 是，隔壁同为仓储超市的山姆，同期服饰业务只涨了21%，开市 ...

以下文章来源于金角财经 ，作者温颖颖 "Lululemon要警惕开市客了。" 一个是卖瑜伽裤的中产品牌，一个是靠5美元烤鸡出圈的仓储式会员超市，却越来越频繁地被放在一起讨论。 金角财经 . 城市新中产读本，拆解经济事件背后的逻辑。 奢侈品跟几十块牛仔裤放在一起卖。 文 ｜ 温颖颖 编辑 ｜ 袁明武 来源｜ 金角财经（ID：F-Jinjiao) 封面来源 ｜ 视觉中国 理由很简单： 2025财年，开市客（Costco）已悄然成为全球服装巨头，服装业务的销售额高达97亿美元（约合人民币691亿元）。 这个体量， 不但超过了Prada集团（2024年营收58.8亿美元）、Coach母公司Tapestry（66.7亿美元），甚至开始逼近Lululemon（106亿美元）、安踏集团 （708.26亿元人民币）。 更令人意外的是，它不仅卖得多，还长期保持高速增长。2019—2024年间，开市客服饰销售额累计增长40%，年复合增速接近7%；同期，中国服装市场 CAGR仅4.64%，美国更只有3%——行业在放缓，唯独它逆势提速。 有研究把原因归结为"更多人去超市买平价衣服"，但这个解释的说服力还不够。开市客既卖平价基础款，也 ...

Core Insights - The trading card market, particularly for sports and Pokémon cards, is experiencing a surge in demand, prompting retailers to expand their offerings in this category [2][4][5]. Retailer Strategies - Dick's Sporting Goods has launched Collectors Club Houses in 20 locations, with plans for further expansion, to cater to the growing interest in trading cards and memorabilia [2][7]. - Target has diversified its collectibles business, including various trading card categories, and reported a nearly 70% increase in trading card sales during the first half of the year [5]. Consumer Trends - The consumer response to trading cards has surpassed expectations, with many adults purchasing them as investments [3][7]. - The popularity of trading cards has been bolstered by the pandemic, as consumers had more disposable income from stimulus checks and increased time at home [5]. Market Performance - Trading cards, including baseball and Pokémon cards, have outperformed the S&P 500 in recent years, although predicting their future trajectory remains challenging [3][8]. - Analysts suggest that the growth in the collectibles market is driven by adult consumers, as traditional toy markets face demographic challenges [10].

Group 1: Thanksgiving Closures - Most federal and financial institutions will pause operations on Thanksgiving Day, including banks, post offices, and the stock market (NYSE and Nasdaq) [2] - Major shipping carriers such as United Parcel Service Inc. and FedEx Corp. will suspend standard pickup and delivery services on this day [2] - Retail giants like Walmart Inc., Target Corp., Costco Wholesale Corp., Macy's Inc., and Kohl's Corp. will remain closed on Thanksgiving Day [3] Group 2: Thanksgiving Openings - Many grocery chains, including Kroger Co., Whole Foods, and Sprouts Farmers Market Inc., will be open on Thanksgiving, albeit with reduced hours [4] - Select pharmacies like CVS Health Corp. and Walgreens will operate, but customers should check local store hours as pharmacy counters may be closed [4] Group 3: Black Friday Operations - Business operations will resume on Black Friday, November 28, with banks and post offices reopening for regular service [6] - The stock market will open but will close early at 1 p.m. ET on Black Friday [6] - Major retailers, including Walmart and Target, will open at 6 a.m. for Black Friday deals, marking the start of the shopping season [6]

Core Insights - The article discusses the mixed macroeconomic environment as Black Friday approaches, highlighting a concentrated investment strategy in retail and technology sectors due to a "K-shaped" recovery [1][2]. Retail Sector Analysis - Louis Navellier recommends a focused investment in two major retailers, Costco Wholesale Corp. and Walmart Inc., citing their strong same-store sales growth amidst consumer spending constraints [3]. - The "trade-down" effect is emphasized, indicating that consumers are prioritizing value, which benefits discount retailers over luxury brands [3]. Holiday Spending Outlook - Despite predictions of record holiday revenue, the retail sector is viewed as risky due to consumer budget tightening, leading to a decline in overall shopping activity [4][9]. AI Sector Insights - The AI trade is evolving, with a shift in leadership towards companies that apply AI technology and those that build supporting infrastructure, rather than just hardware manufacturers [4][5]. - Specific companies identified as leaders in the AI application space include Applovin Corp. and Palantir Technologies Inc., while data center infrastructure firms like Vertiv Holdings Co. and Emcor Group Inc. are also highlighted [8]. Economic Context - Navellier argues that the U.S. is currently benefiting from China's economic slowdown, which is leading to imported deflation and alleviating pricing pressures from tariffs [6]. - The housing sector is facing challenges, with high ownership costs causing consumers to defer home improvement spending, negatively impacting companies like Home Depot and Lowe's [7][9]. Investment Strategy - The article concludes with a clear message for investors to avoid broad market indices and focus on concentrated opportunities in AI appliers, data center builders, and the two recommended retailers [10].

Key Takeaways Costco benefits from high member renewal rates, global scale and a resilient fee-based model.COST posted 8.6% sales growth in October and 16.6% growth in digitally-enabled comparable sales.BJ's club comps rose 1.8% ex-gas, with digital members driving stronger engagement and larger baskets.Costco Wholesale Corporation (COST) and BJ's Wholesale Club Holdings, Inc. (BJ) operate in the warehouse retail space. Costco, which boasts a market capitalization of about $396.6 billion, runs a membership- ...

Core Viewpoint - Costco Wholesale is a well-regarded company with strong employee satisfaction and consistent revenue growth, making it an appealing investment despite its high valuation multiples [2][4][8]. Employee Satisfaction - Costco is recognized as a favorable employer, with an employee turnover rate of only 8%, significantly lower than the retail industry average of 60% [5]. - Employee reviews on Glassdoor rate Costco at 3.9 out of 5 stars, outperforming competitors like Walmart's Sam's Club (3.3) and BJ's Wholesale (3.0) [5]. Dividend and Financial Performance - Costco offers a modest dividend yield of 0.6%, lower than Walmart's 0.9%, but has a history of 20 consecutive years of dividend increases [6]. - The company occasionally issues special dividends, with the last one in 2023 providing a one-time distribution that added 1.5% to annual income [6]. Valuation Metrics - Costco trades at a high price-to-earnings (P/E) ratio of 49, compared to Walmart's 36 and BJ's 20, indicating a premium valuation [7]. - Despite its high valuation, Costco has demonstrated positive revenue growth in 33 of the last 34 fiscal years, suggesting strong business fundamentals [8].

笔者家附近有一个烧饼店，厨房和柜台加起来不过3平方米。店里的烧饼种类齐全，用料实在，香气四 溢，几年来，生意越做越红火。他们家的畅销产品——椒盐味烧饼，一直维持"一元一个、买二送一"的 定价，也就是说，两元钱即可买到3个热乎乎、香喷喷的小烧饼。作为老顾客，笔者曾真诚地向老板提 议烧饼涨价，但是两次提议均遭拒绝。 那么，这种不涨价行为的背后是什么样的逻辑支撑呢？ 如果仔细观察，生活中还真的有不少销量可观但价格稳定的商品，比如，炎炎夏日备受青睐的"老中 街"冰棍，零售价始终维持每支1元，已经是其生产商——沈阳中街冰点的经典产品。国货护肤品"千纤 草"丝瓜水19年未涨价，500毫升的丝瓜水标价一直是十几元，曾拒绝头部主播包装提价的建议，坚守平 价定位。 从商业领域的知名案例来说，美国零售巨头开市客（Costco）店内的热狗套餐，从1985年以来，在美国 市场一直坚守1.5美元的价格，已经成为Costco的金字招牌。2019年进入上海市场以来，热狗套餐一直 保持人民币10.9元的价格。有人说，Costco很实诚，但也真会营销。从Costco最近发布的2025财年（截 至2025年8月31日）业绩看，这家全球会员店巨头 ...

Group 1 - Whales have shown a bullish stance on Costco Wholesale, with 44% of trades being bullish and 34% bearish, indicating strong investor interest [1] - The total amount for put trades was $1,861,411, while call trades totaled $2,471,674, suggesting a higher confidence in upward price movement [1] - The predicted price range for Costco Wholesale is between $580.0 and $1280.0, reflecting the expectations of significant price movement [2] Group 2 - Recent options activity shows a mix of bearish and neutral sentiments, with notable trades including a bearish call sweep and a bearish put trade [7] - Costco Wholesale operates approximately 910 warehouses and serves over 80 million members, with a revenue breakdown of 73% from the US, 13% from Canada, and 14% from international markets [8] - Analysts have a consensus target price of $1,068.75 for Costco Wholesale, with individual targets ranging from $1,025 to $1,100, indicating a generally positive outlook [10][11] Group 3 - The current stock price of Costco Wholesale is $885.73, reflecting a slight decrease of -0.04%, with upcoming earnings expected in 16 days [13]