Costco Wholesale Stock News

Costco Wholesale Corporation (NASDAQ: COST) is enhancing its lineup of discounted gift cards by adding Uber, Instacart, and DoorDash to its offerings. This strategic move, highlighted by Oppenheimer analyst Rupesh Parikh, is designed to keep cost-conscious consumers engaged as concerns about an economic slowdown loom large.

While Wall Street awaits Nvidia earnings, Costco breaks out, further dwarfing YTD gains of Amazon, Tesla and other Mag 7 stocks.

BJ's Wholesale Club Holdings Inc. shares drew an upgrade to neutral from underweight from JPMorgan Chase Monday, as an analyst saw prospects for the retailer to gain back market share as consumers seek out value.

A rare sales decline 15 years ago turned into an unusual opportunity for Costco bulls. Costco's 19 P/E ratio 15 years ago is far below today's valuation.

Costco's memberships provide it with steady source of high-margin revenue. Home Depot returns massive amounts of cash to shareholders.

Stock splits don't change the underlying business but have helped power big valuation gains for some companies. Super Micro will carry out a 10-for-1 split at the beginning of October and could also get a boost from Nvidia.

A total of 13 time-tested companies have announced or completed stock splits since the start of this year. Artificial intelligence (AI) kingpin Nvidia was the most-anticipated stock split of 2024, and it's laid a blueprint for other leading businesses to follow.

Costco stock is nearing a buy point. Netflix stock tests a buy point, while a footwear stock sits in a buy zone.