Costco Wholesale Corporation (COST): Today's Featured Retail Winner
(
) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day down 1%. By the end of trading, Costco Wholesale Corporation rose 53 cents (0.7%) to $81.82 on light volume. Throughout the day, 1.5 million shares of Costco Wholesale Corporation exchanged hands as compared to its average daily volume of 2.7 million shares. The stock ranged in a price between $81.05-$82.11 after having opened the day at $81.15 as compared to the previous trading day's close of $81.29. Other companies within the Retail industry that increased today were:
(
), up 6.6%,
(
), up 4.5%,
(
), up 4%, and
(
), up 3.3%.
Costco Wholesale Corporation operates membership warehouses that offer a selection of branded and private label products in a range of merchandise categories in no-frills, self-service warehouse facilities. Costco Wholesale Corporation has a market cap of $35.41 billion and is part of the
sector. The company has a P/E ratio of 24.8, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 12.6% year to date as of the close of trading on Monday.
TheStreet Ratings rates Costco Wholesale as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, good cash flow from operations, solid stock price performance and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Costco Wholesale Ratings Report.
On the negative front,
(
), down 14.5%,
(
), down 14.4%,
(
), down 6.8%, and
(
), down 6.2%, were all losers within the retail industry with
(
) being today's retail industry loser.
- Use our retail section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider
(
) while those bearish on the retail industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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