Costco Wholesale Stock News

This piece looks at two stocks with divergent outcomes: SLB has upside potential, while Costco's high valuation may lead to weak forward returns. SLB is well-positioned in the oil industry with a diverse revenue stream and strong balance sheet, while Costco's high valuation raises concerns for future returns of an otherwise excellent company. Interest in low-volatility growth stocks reflects ri...

Costco's model relies on membership fees, and membership consistently increases every quarter. It recently made some changes to its stores, including adding card scanners at entrances.

The U.S. economy is likely expanding significantly, as the Federal Reserve is now predicting that the economy will grow by a strong, seasonally adjusted, annualized rate of 2.9% above inflation during the current quarter. Still, the U.S. unemployment rate surged to 4.3% in July — up from 4.1% in June.

The U.S. Commerce Department reported that retail sales in June remained unchanged, countering concerns about the economy entering a recession. The stability in retail sales –and, by extension, retail stocks — was primarily due to a balance between a decline in auto dealership receipts and robustness in other sectors, suggesting a resilient consumer base and supporting a positive outlook for ec...

The S&P 500 is one of the major indices that tracks the largest companies trading on the U.S. stock market, similar to the Nasdaq and Dow. It encompasses a wide range of S&P 500 stocks, with some of the most significant and influential companies in the market.

Costco is one of the world's best businesses and has many positive attributes. Shares trade near their highest P/E ratio ever, demonstrating the market's wild optimism.

Costco has been reporting increasing membership and sales despite retail pressure. MercadoLibre is 25 years old but has been reporting growth rates like it's a young start-up.

Costco Wholesale Corporation's unique bulk pricing model continues to attract cost-conscious consumers, leading to strong sales growth even during economic uncertainty. Despite a recent membership fee increase, Costco's loyal consumer base and strong financial metrics make it a compelling investment. While Costco's valuation may appear high, their impressive return on equity and cash flow metri...