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CDC expands probe into salmonella-tainted Costco, Sam's Club charcuterie meats
New York Post· 2024-01-19 19:13
The US Centers for Disease Control and Prevention warned against some more brands of charcuterie meat sold at Costco and Sam’s Club as the agency expands a probe into a multi-state salmonella outbreak.The CDC, in an updated post on Thursday, asked people to throw away all the packs of Fratelli Beretta’s Antipasto Gran Beretta charcuterie meat bought at Costco and Busseto’s Charcuterie Sampler bought at Walmart’s Sam’s Club.This follows the CDC’s warning on Jan. 5 against eating Busseto brand Charcuterie Sam ...
3 Promising Stocks Poised for Trillion-Dollar Status in 2024
InvestorPlace· 2024-01-17 17:04
The positive future of the U.S. economy seems promising, according to Jeremy Siegel, emeritus professor of finance at the Wharton School. He believes the economy has achieved a “Goldilocks pace” of growth, with recent data showing a robust job market and steady unemployment rates. Despite concerns about potential inflation from rising wages and geopolitical tensions impacting oil prices, Siegel sees the overall economic landscape as favorable. With this positive outlook, the market will perform well, and no ...
3 Blue-Chip Retail Stocks to Navigate Changing Market Dynamics
Zacks Investment Research· 2024-01-17 14:46
When it comes to the stock market, investors often walk on a tightrope between risk and reward. While the allure of quick profits can be tempting, it is equally crucial to build a foundation of stable, long-term investments in your portfolio. This balance forms the core of successful investing, especially now, when there is speculation that the easing of monetary policy might be slower than initially expected.Rather than chasing after high-risk, high-reward stocks that often make headlines, investors should ...
3 Top-Rated S&P 500 Stocks Wall Street Analysts Are Loving Now: January 2024
InvestorPlace· 2024-01-16 23:42
Although markets have gotten off to a difficult start, Wall Street analysts continue to love and recommend several stocks to investors. Some of these highly praised stocks are mega-cap technology concerns and companies associated with artificial intelligence (AI). But not all of them. Analysts continue to heap adulation on stocks of companies with strong earnings, continued growth potential, and reasonable valuations. As economic data and geopolitical tensions overseas knock around the overall market, many ...
Costco said to be testing out membership card scanners at entrances
New York Post· 2024-01-15 17:49
Retail giant Costco Wholesale is reportedly testing out a way to make sure its customers maintain their elite status.Costco Insider, a website that says it gets its tips from readers, on Jan. 8 shared photos on social media of what appears to be a tablet attached to a stand along with a sign that reads, “You will be asked to scan your membership card before entering the warehouse,” at the Issaquah, Washington state, store.“They’re checking to make sure the photo matches the person. What do you think?!” Cos ...
3 Pricey Stocks I'll Be Watching Like a Hawk in 2024
The Motley Fool· 2024-01-14 14:35
While time in the market is more important than timing the market, sometimes being a little patient is the key to finding a bargain. Right now, you'll pay a pretty penny to invest in high-powered growth stocks, but if you're willing to watch carefully for a few months or even the better part of a year, it might be possible to find a better deal. Similarly, sometimes a company needs a little more time to cook before it's stable enough to be investable, and the only way to know when it's ready is by paying at ...
Is Costco Stock a Buy Right Now?
The Motley Fool· 2024-01-14 12:55
This might be the perfect time to bulk up on Costco Wholesale (COST 1.43%) stock. Sure, the warehouse club retailing giant's shares don't look especially cheap following a 2023 rally. And a growth investor can find much higher profitability outside of this brutally competitive industry.Yet Costco has consistently demonstrated a knack for earning its premium stock valuation, and for delivering plenty of cash directly to shareholders. Let's look at how the company might continue to impress investors in 2024 a ...
If You Like Dividends, You Should Love These 3 Stocks
The Motley Fool· 2024-01-13 21:33
Given the state of the economy at the moment, it is understandable that dividend stocks would be among the most popular investments around. You don't give up the chance for long-term capital appreciation by owning them, but you also get immediate passive income from their steady quarterly payouts. Dividend stocks tend to be financially stronger, too, because their management teams have an extra incentive to maintain positive -- and growing -- earnings each year. These characteristics can be quite appealing ...
Why Costco (COST) Outpaced the Stock Market Today
Zacks Investment Research· 2024-01-12 23:48
Costco (COST) closed at $683.24 in the latest trading session, marking a +1.43% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.08%. Meanwhile, the Dow experienced a drop of 0.31%, and the technology-dominated Nasdaq saw an increase of 0.02%.Shares of the warehouse club operator witnessed a gain of 6.79% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 4.89% and the S&P 500's gain of 3.52%.Market participants wil ...
Smart Investors Will Buy Costco Stock in Bulk This Year
InvestorPlace· 2024-01-12 21:09
Costco Wholesale (NASDAQ:COST) is known for its discounts, but COST stock might not look cheap to some reluctant investors. Nevertheless, after viewing Costco’s recent results, even the skeptics will surely be tempted to stock up on a few shares.There are plenty of commentators who praised Amazon (NASDAQ:AMZN) for its robust holiday-season 2023 sales. Yet, Amazon isn’t the only business that fared well. Furthermore, Amazon doesn’t pay any dividends — but a certain retail chain does.Of course, I’m referring ...