Costco(COST)
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Can This Phenomenal Stock Double Your Money in 5 Years?
The Motley Fool· 2024-03-13 13:37
You don't have to own a high-flying technology business to achieve magnificent returns in the stock market. Even boring retailers can boost your portfolio. That's certainly true for Costco Wholesale (COST -0.47%). Shares of the popular warehouse store operator are up 219% just in the past five years. Looking ahead, can this phenomenal retail stock double your money in the next five years? Here's what investors should be thinking about right now.Costco is a fantastic businessIf we just look at Costco's under ...
Has the Stock Market Priced in a Rate Cut?
MarketBeat· 2024-03-13 11:47
Key PointsThe stock market advanced following hotter-than-expected inflation data. CPI data showed headline and core inflation accelerated compared to last year. The market priced in an interest rate cut but is mispricing when it will come. 5 stocks we like better than Costco WholesaleThe stock market has absolutely, 100% priced in a rate cut. The market has been expecting a rate cut for more than a year and is, in fact, pricing in a soft landing and sustained economic growth. The question that needs to be ...
Costco: A Dividend Stock With a $4.5 Billion Secret Weapon
The Motley Fool· 2024-03-13 09:18
Costco Wholesale (COST 3.19%) isn't exactly a high-yield stock, but what it lacks in yield, it makes up for in dividend growth. It has increased its payment for 19 years and counting, with the average annual dividend boost over the past decade sitting at a heady 12%. Those two stats are built on what is now a customer foundation worth $4.5-billion-plus annually. Here's what you need to know about Costco's secret weapon.Costco isn't like most retailersEvery retailer will tell you that customer satisfaction i ...
7 High-Quality Blue-Chip Stocks to Buy if You're Looking for Stability
InvestorPlace· 2024-03-12 19:41
At first glance, a concerted focus on stable blue-chip stocks might seem excessively cautious. After all, the market is booming, companies are hiring and people are spending. Don’t readily believe everything that you hear.No, I’m not advocating a doom-and-gloom narrative. However, there’s some evidence that a rotation out of the usual suspects – typically technology-related – is occurring, leading to other entities to play catch up. Yes, seemingly everyone loves artificial intelligence and what not. But thi ...
Is Costco Stock Going to $800? 1 Analyst Thinks So
The Motley Fool· 2024-03-12 17:25
Costco Wholesale (COST 2.99%) stock has been reaching new highs in 2024, but it could have more room to run. The warehouse club retailing giant received another analyst upgrade late Monday, which helped push the stock higher in early Tuesday trading.BMO Capital reiterated its bullish overall rating on Costco's stock while boosting the target share price to $800 from $770. Hitting that number would mean a further 9% appreciation for Costco shares over the next 12 months or so, which have rallied nearly 56% i ...
Costco(COST) - 2024 Q2 - Quarterly Report
2024-03-12 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☒ EXCHANGE ACT OF 1934 For the quarterly period ended February 18, 2024 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☐ EXCHANGE ACT OF 1934 Commission file number 0-20355 Costco Wholesale Corporation (Exact name of registrant as specified in its charter) Washington 91-1223280 (State or other jurisdiction of (I.R.S. Employer Identificat ...
Why Costco (COST) is a Top Growth Stock for the Long-Term
Zacks Investment Research· 2024-03-12 14:46
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are th ...
FY2024Q2业绩点评:Q2营收略逊预期,电商业务增长强劲
国海证券· 2024-03-10 16:00
2024 年 03 月 10 日 公司研究 评级:买入 (维持 ) 研究所: 证券分析师: 杨仁文 S0350521120001 营收略逊预[ 期Tab ,le_ 电Titl 商e] 业务增长强劲 Q2 yangrw@ghzq.com.cn 证券分析师: 马川琪 S0350523050001 macq@ghzq.com.cn ——开市客( ) 业绩点评 COST FY2024Q2 联系人 : 廖小慧 S0350122080035 liaoxh@ghzq.com.cn 最近一年走势 事件 : Costco(COST.O)2024年3月7日公布FY2024Q2(截至2024年2 月18日前14周,本文均简写为Q2)业绩,公司Q2营业收入584.4亿 美元,同比+5.7%,净利润为17.4亿美元,同比+18.9%,净利率为3.0%, 较去年同期+0.3pct,毛利率为12.5%,较去年同期+0.1pct,摊薄EPS 为3.92美元,同比+17.7%。 投资要点 : 相对标普500表现 总营收略逊预期,电商渠道销售表现亮眼。公司FY2024Q2 实现营收 表现 1M 3M 12M 584.4亿美元,同比+5.7% ...
Costco Hits A Wall
24/7 Wall Street· 2024-03-09 13:21
Costco Hits A Wall jetcityimage / iStock Editorial via Getty Images Costco’s (NASDAQ: COST) revenue model is the envy of the retail industry. It charges consumers money to shop at its stores. “Members” spend as much as $120 yearly to go to Costco’s brick-and-mortar locations or shop at Costco.com. So, the retailer gets a steady line of recurring revenue, along with the amount people pay for goods and services. However, based on recent earnings, the model hit a wall.After it announced earnings, Costco’s st ...
Costco's stock tumbles after earnings miss: Analysts weigh in on COST's future
Invezz· 2024-03-09 09:42
Follow Invezz on Telegram , Twitter , and Google News for instant updates >Costco Wholesale Corporation’s stock faced a significant downturn, closing down over 7% at approximately $725 per share on Friday.This marked the worst performance day for the retailer’s stock in nearly two years, following its failure to meet Wall Street’s earnings expectations. Second-quarter earnings reveal mixed resultsCopy link to sectionThe dip in stock prices came in the wake of Costco’s earnings report for the second quarter ...