Costco Wholesale Stock News

Costco Wholesale (COST -0.78%) is not only one of America's favorite retailers. It's also been a top retail stock to own over its history.

DataTrek remains positive on U.S. large cap stocks, but expects more bearish commentary related to valuation in the days ahead

Food inflation dynamics are reshaping consumer behavior, creating potential tailwinds for Costco. Retail peers report stressed shoppers trading down — Costco may be positioned to capture this shift. Solid comps and membership growth remain in focus, but valuation questions loom ahead of earnings.

Many companies have seen their share prices increase substantially over the past few years, as investors have become generally optimistic about the market. While that can be a good thing, it also makes it difficult to know which companies are more likely to stand the test of time, and which may be benefiting simply from a surge in investor interest.

Economic data releases this week will include the personal consumption expenditures price index, purchasing managers indexes, and home sales numbers. And CarMax, Cintas, and KB Home also report earnings.

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m.

Club retailers have drawn in shoppers with faster online options, eye-catching merchandise and cheap meals along with low-priced and bulk items.

CNBC's Jim Cramer on Friday walked investors through next week on Wall Street, telling them to pay attention to new economic data and earnings from Micron and Costco. He also suggested many sectors will continue to rally, even as some investors may be skeptical of recent gains.