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Costco Wholesale Corporation Add to portfolio

NAS:COST, Jul 10, 06:27 UTC

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Friday, July 03


News

Costco Sells an Everything Bagel Seasoning That People Swear Is Better Than Trader Joe's

COST

These two items are so popular, Trader Joe’s not only started selling Everything But the Bagel-seasoned mixed nuts earlier this year, but they’re also releasing a Cookie Butter-flavored beer this fall. Since, we’ve seen competing products hit shelves, like Biscoff’s cookie spread, but none have presented themselves as worthy rivals — that is, until Costco started selling its own Everything Bagel Seasoning. While not a new product by any means — the wholesale retailer made headlines in 2018 and in 2019 for selling tubs of the seasoning — Costco’s Everything Bagel Seasoning has resurfaced on Reddit, prompting Redditors to not only share the various ways they use the seasoning, but also dare declare that Costco’s Everything Bagel Seasoning tastes better and is a better deal than Trader Joe’s Everything But the Bagel Seasoning. “It’s less salty than the one from TJ’s,” one Reddit user says. “The salt is further down the ingredient list vs. being the second or third ingredient on the TJ bottle.” Another says they’ve ditched the TJ’s seasoning and only head to the California-based grocer to restock on their Umami Seasoning Blend: “I’ve had both, I prefer the Costco one myself both for the salt reason and because it’s a better bang for your buck.”. Seasoning. And there you have it! If you haven’t tried Costco’s Everything Bagel Seasoning, why not pick up a container during your next run?

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Topics:
  • Business
  • Health
  • Financial

Tuesday, June 23


News

Birkenstocks Are Back in Stock at Costco — and Majorly Discounted, Of Course

COST

Yeah, we barely can, too), Costco not only restocked their supply of Birkenstocks (they sold out quick just two months prior), but the wholesale retailer sold them for a bargain (think nearly half-off). Well, like clockwork, the Birks are back, and they’re just as majorly discounted as they were last time. The best part (as if the news couldn’t get any better) is you don’t have to run to the store to buy them; they’re available on Costco’s website to have shipped directly to your doorstep. The two Birkenstocks Costco currently carries are the brand’s Gizeh sandals and Arizona EVA candles.

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Topics:
  • Business
  • Financial
  • Science

Monday, June 15


News

5 Money Mistakes To Avoid at Costco

COST

5 Money Mistakes To Avoid at Costco. {{monthName}} {{day}}, {{year}}, {{hour12}}:{{minuteTwoDigit}} {{dayPeriod}}. Are you missing out on any of Costco's numerous perks? Find out if you're making shopping mistakes that are costing you money.

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Topics:
  • Business
  • Technology
  • Financial
  • Entertainment

Friday, June 05


News

Costco should be Warren Buffett's next bulk purchase

COST BRK.B

Warren Buffett says “nothing can stop America.” To put his money where his mouth is and spend some of his US$137 billion stash before this crisis is over, he wouldn’t have to look far. If there’s one company that warrants the dealmaker’s attention, it may be Costco Wholesale Corp., a retailer in which Buffett’s Berkshire Hathaway Inc. already owns a stake. That’s partly due to aggressive actions taken by the Federal Reserve to mitigate the crisis, though one can’t deny that there exists an astonishing disconnect between stock prices and the economic realities of many Americans right now. Zoom, Netflix, TikTok, Costco — the retailer is right up there with those services that have become centerpieces of the stay-at-home recession. But in so many other ways a Costco deal would still be classic Buffett. For starters, Buffett already likes Costco. Berkshire could simply increase its stake in Costco, a stable holding that pays a 70-cent quarterly dividend. But it wasn’t all that long ago that Buffett spoke of the possibility of an acquisition Costco’s size.

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Topics:
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  • Financial
News

Costco should be Warren Buffett’s next bulk purchase

COST BRK.B

Warren Buffett says “nothing can stop America.” To put his money where his mouth is and spend some of his US$137 billion stash before this crisis is over, he wouldn’t have to look far. If there’s one company that warrants the dealmaker’s attention, it may be Costco Wholesale Corp., a retailer in which Buffett’s Berkshire Hathaway Inc. already owns a stake. Zoom, Netflix, TikTok, Costco — the retailer is right up there with those services that have become centerpieces of the stay-at-home recession. But in so many other ways a Costco deal would still be classic Buffett. For starters, Buffett already likes Costco. The share price has gotten a bump from all the panic-shopping, and at 34 times earnings, Costco’s valuation certainly isn’t what Buffett would call cheap. But Costco should continue to fare well in a post-virus America, especially if it leads some residents to ditch cities for suburbs and spend more time at home. The biggest hurdle to a takeover is that Costco’s market value is US$137 billion — precisely the amount of cash Berkshire has available.

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Topics:
  • Business
  • Financial
News

Warren Buffett's Next Bulk Purchase Should Be Costco

COST BRK.B +2 more COST BRK.B TSLA FB

(Bloomberg Opinion) -- Warren Buffett says “nothing can stop America.” To put his money where his mouth is and spend some of his $137 billion stash before this crisis is over, he wouldn’t have to look far. If there’s one company that warrants the dealmaker’s attention, it may be Costco Wholesale Corp., a retailer in which Buffett’s Berkshire Hathaway Inc. already owns a stake. That’s partly due to aggressive actions taken by the Federal Reserve to mitigate the crisis, though one can’t deny that there exists an astonishing disconnect between stock prices and the economic realities of many Americans right now. Zoom, Netflix, TikTok, Costco — the retailer is right up there with those services that have become centerpieces of the stay-at-home recession. But in so many other ways a Costco deal would still be classic Buffett. For starters, Buffett already likes Costco. Berkshire could simply increase its stake in Costco, a stable holding that pays a 70-cent quarterly dividend. But it wasn’t all that long ago that Buffett spoke of the possibility of an acquisition Costco’s size.

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Topics:
  • Business
  • Financial

Friday, May 29


News

Costco Shares Come Under Pressure Despite Strong Earnings, Same-Store Sales

COST

Both the $DJI and SPX managed to consolidate the sharp gains they made in April and move above areas of key technical resistance despite a constant background of horrible data and some rough earnings reports. As of Thursday’s close, the SPX had advanced 4% in May and was back above 3000 and above its 200-day moving average for the first time since early March. Some of the sectors that had revived in recent days, like Financials and Industrials, hit the dirt on Thursday as investors headed back into more cautious sectors like Utilities and Staples. That went counter to May’s encouraging trend that saw Industrials, Communication Services, Financials, Energy, and Materials all climb double-digits since April 30. When you see these sectors outpacing the “defensive” ones like Real Estate and Utilities as well as Information Technology—the market’s favorite security blanket the last few years—it can suggest many investors see light at the end of the pandemic tunnel. Whether they’re right remains to be seen, and June could be a month that goes a long way toward providing some answers. One Canary Took Wing This Month Another thing investors probably shouldn’t ignore is the amazing May performance of the Russell 2000 Index (RUT) of small-cap stocks. While the RUT took a major blow yesterday, it’s up 11% so far this month, way better than the SPX. As we’ve been noting, small-caps can sometimes be a canary in a coal mine for the economy. If they keep putting on a show like this in June, that could send a positive signal even if larger-caps can’t find new traction. Any headline, good or bad, could trip things up or light a fire under the market on any given day, as we saw yesterday with some of the social media stocks like Twitter (NYSE: TWTR) and Facebook (NASDAQ: FB) getting slammed by word of an executive order from President Trump pertaining to the industry. What faces investors next week?

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Topics:
  • Business
  • Financial

Thursday, May 28


News

Costco Earnings On Tap After Close As Investors Mull Strong Toll Brothers Results

COST

It’s been an incredible week of gains so far in stocks, so we’ll see if the market can draw more energy from the numbers or if the data turn out to be a drain. Jobless claims remained stubbornly high at about 2.1 million, about where analysts had expected and down from the worst levels a month ago but not the kind of number that necessarily delivers a lot of optimism. Still, the thinking on Wall Street might be “don’t fight the Fed,” and the spread between the SPX dividend yield and the 10-year Treasury yield remains near historic highs. When stock dividend yields are so high compared with bond yields, it can sometimes end up sending more funds into stocks. What’s nice to see this week is a bit of broadening, meaning more sectors outside of Information Technology getting a bid as some investors seem to be rotating into “value” stocks (see more below). Semiconductors trailed the overall market Tuesday, for instance, and the tech-loaded Nasdaq (COMP) fell sharply early Wednesday before recovering later as the stay-at-home trade seemed to fade. While no one likes to see their shares lose value, this shift away from stocks that led the rally in April and most of May could potentially be healthy if it moves investors away from their concentration in five or six of the biggest tech names.

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  • Business
  • Financial
News

Can Costco Wholesale's high return on equity take it to the next level?

COST

Can Costco Wholesale's high return on equity take it to the next level? Top analysts and investors such as Warren Buffett and Michael Mauboussin say the answer is capital allocation - the deployment of company time, money, ideas, and people in ways that create additional value. It is perhaps the most fundamental driver of future share price performance. If you find a company that consistently allocates its capital profitably, chances are you are onto a long-term winner. Unfortunately, CEOs are not generally promoted based on their ability to allocate capital, even though this is what they then go on to spend time doing. As Mauboussin writes in one of his research papers:.

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Topics:
  • Business
  • Financial

Wednesday, May 27


News

Costco Reports Tomorrow As Investors Examine Ralph Lauren, Toll Brothers Today

RL COST +1 more RL COST SPA

It seems fitting that as the U.S. prepares to launch astronauts into orbit today for the first time in almost a decade, the stock market has been rocketing higher for weeks. SpaceX is privately held, but if the U.S. is back in outer space to stay, that could be good news for companies with a space presence like Lockheed Martin Corporation (NYSE: LMT), Boeing Co (NYSE: BA), and Northrop Grumman Corporation (NYSE: NOC), Barron’s pointed out yesterday. At the end of the day, it’s important for investors not to get ooled into a sense of complacency. If a trade war gets going, for instance, this isn’t a super-strong U.S. economy that can necessarily withstand that kind of body blow the way i mostly did last year. The first test of 3000 in almost three months came up a little short yesterday. So today we’ll see if the S&P 500 Index (SPX) can get back above that level, where it hung out for most of Tuesday before some late-session selling.

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Topics:
  • Business
  • Financial