Costco Wholesale Stock News

These retailers have been increasing same-store sales while improving their profit margins

Costco (NASDAQ:COST) has been selling hundreds of millions of dollars worth of gold bars since it offered them in store.

For many of us, the back to school days invites thoughts of the upcoming holiday season, and what that means for our families and loved ones.

Costco generates higher sales and robust profitability under almost any conditions through its resilient model. One of its most attractive features is its consistency.

Shares now trade for more than 50 times earnings.

Costco Wholesale Corporation (NASDAQ: COST) experienced a downgrade from Redburn Atlantic on Tuesday, driven primarily by concerns over the stock's high valuation. Analyst Daniela Nedialkova, who previously rated Costco as Buy, lowered her rating to Neutral while simultaneously increasing the price target to $890 from $860.

Costco Wholesale stock's relative strength line is at a high as the stock nears a buy point.

Costco's dividend yield is nearly at a 15-year low following substantial gains for the stock. The retailer should continue raising its dividend every year, given its solid financial results.