Costco(COST)
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Costco (COST) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-08-06 22:51
The latest trading session saw Costco (COST) ending at $816.88, denoting a +1.88% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily gain of 1.04%. Meanwhile, the Dow gained 0.76%, and the Nasdaq, a tech-heavy index, added 1.03%. Shares of the warehouse club operator have depreciated by 8.97% over the course of the past month, underperforming the Retail-Wholesale sector's loss of 8.36% and the S&P 500's loss of 6.74%. The upcoming earnings release of Costco will b ...
Stock-Split Watch: 2 Consumer Stocks That Look Ready to Split
The Motley Fool· 2024-08-06 11:47
These businesses are so strong that a stock split would just be icing on the investing cake.A common misconception in investing is that a high share price equates to an expensive stock. Valuation, a measure of a stock's cost, is based on factors other than the share price. Mainly, the number of shares attached to a company's market value makes a big difference to the per-share price calculation.Despite this, it's understandable that some investors might shy away from stocks with triple- or quadruple-digit s ...
Will Costco Stock Join the Trillion-Dollar Club in 10 Years?
The Motley Fool· 2024-08-03 12:08
Costco is one of top retailers in the world, and there's plenty of room for it to get even bigger in a decade.Just five years ago, Costco Wholesale (COST 0.64%) had a market cap of around $120 billion. Since then, the stock has gone on to soar in value and is now worth more than $360 billion. That's incredible growth that you don't often see from a retail stock. Amid the pandemic, Costco established itself as one of the most adaptable and versatile stocks to own in retail. From discretionary purchases to da ...
Is Costco Wholesale (COST) Stock Outpacing Its Retail-Wholesale Peers This Year?
ZACKS· 2024-08-01 14:42
Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Has Costco (COST) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.Costco is a member of the Retail-Wholesale sector. This group includes 209 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank considers 16 differen ...
2 Dividend Growth Powerhouses for Long-Term Investors
The Motley Fool· 2024-08-01 10:15
Hershey and Costco have been growing their dividends at breakneck speed.Dividend growth investing is a strategy that can provide both steady income and potential capital appreciation. Companies that consistently raise their dividends often demonstrate financial strength, solid cash flows, and a positive outlook for their business. This approach can be particularly attractive for long-term investors looking to build wealth over time.Two companies that stand out in the realm of dividend growth are The Hershey ...
All You Need to Know About Costco (COST) Rating Upgrade to Buy
ZACKS· 2024-07-31 17:00
Costco (COST) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often f ...
3 Recession-Resistant Consumer Staples Stocks to Buy and Hold
Investor Place· 2024-07-31 10:00
Consumer staples firms produce the essential goods and services that typically benefit from consistent overall demand. It is that consistent performance that generally makes consumer staples stocks recession-resistant.In turn, that makes shares in the sector strong buy and hold choices because they tend to perform well over the long run. People need to eat, take care of personal hygiene and maintain their households regardless of the macroeconomic situation at any given point. The result is that consumer s ...
Costco Stock: Buy, Sell, or Hold?
The Motley Fool· 2024-07-29 22:00
Here's a look at Costco's stock after its recent membership hike announcement.Costco Wholesale (COST -0.25%) members in the U.S. and Canada will soon pay more for their memberships after the company recently announced a price hike. The news comes on the heels of an outstanding 2024 for the stock, which is up approximately 25% year to date. Given the rise in Costco stock, it's worth digging into its recent financials, the details of the price hike, and its valuation to determine whether it's a buy, sell, or ...
Costco Is Beyond Overvalued
Gurufocus· 2024-07-29 13:00
Costco Wholesale Corp. (COST, Financial) has been an investing darling for as long as I can remember. It has also been a darling for shoppers as they have some of the strongest brand loyalty in the market. I know firsthand as I am a card-carrying member of its club and happily pay the membership fee every year to shop in its warehouses. No one can beat its rotisserie chickens, toilet paper and giant box of spinach.This is not a shopping blog, so let's jump into the company and stock. Costco has been perform ...
Should Costco Have Raised Its Annual Membership Fee by More Than $5?
The Motley Fool· 2024-07-29 10:24
Costco's latest membership fee hike doesn't even come close to making up for inflation. Should they have done more?Costco (COST 0.34%) recently announced a $5 annual price increase to its base membership level. This is the first time the warehouse giant has increased its membership cost since 2017. Given the recent effects of inflation, there's a solid argument to be made that Costco should have done more, and here's what longtime Fool.com contributor and Costco shareholder Risk Munarriz has to say about it ...