Now that Walmart Corp NYSE: WMT has reported a blowout quarter, investors' eyes are turning to Costco Wholesale Club Inc. NASDAQ: COST to see if it can break out of its year-long funk. Costco's earnings aren't scheduled until Dec.11, but the company does offer monthly sales reports that could hint at the stock's next move.
Costco will keep growing as long as it locks in more members and opens new stores. Amazon is a solid long-term play on the e-commerce, cloud, AI, and advertising markets.
Costco's recent results show steady growth and resilient member loyalty. Membership fee income and executive membership upgrades continue to power cash generation.
NEXE Innovations Inc (TSX-V:NEXE, OTC:NEXNF) announced that it has completed a second shipment of more than 300,000 compostable coffee pods to Bridgehead Coffee. The delivery is part of a previously announced purchase order totaling 1.2 million pods to support Bridgehead's rollout in Costco stores.
Costco's strong and resilient growth over the years has made it a hot buy. Its growth has slowed in recent years, but its business model remains excellent.
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