It may or may not have been a long time since you last used a Groupon. For many, the couponing giant has all but disappeared, but for others it appears more vital than ever. After a sudden 8% jump at the beginning of August, a 42% rise since June, and a solid Q2, investors are starting to take notice of Groupon. However, deciding whether or not it’s a buy is a difficult puzzle … [Read more...]
Stocks to Buy and Hold for 5 Years ($JNJ, $RACE, $COST, $BUD, etc.)
Even though day trading gets all the press, I remain an advocate for Buy and Hold. The investment strategy has a number of benefits, including 1) lower taxes paid for long term capital gains (stocks owned for more than 1 year), and 2) you don’t have to be glued to a screen constantly, trying to make fast money. If you’re a died-in-the-wool day trader, more power to you. But … [Read more...]
Costco Took a Beating. Is This a Time to Buy?
Last week, the investing world was rocked when it was announced that Amazon was buying Whole Foods. While the market in general wasn’t fazed by this news, many grocers and other retailers were. One of the companies that took a beating was Costco (NASDAQ: COST). The question is, should Costco be worried about this merger and should investors stay away from the stock? In my … [Read more...]
Costco (COST) Stock: Stable Growth in a Slow Economy
U.S. warehouse giant, Costco Wholesale Corporation (COST) has been earning steady profits for the last few years. It's annual stock performance has been relatively flat because investors were nervous about the company's decision to switch the type of credit card it will accept from consumers from American Express to Visa. However, the transition seems to me smoother than most … [Read more...]
Costco Wholesale (COST) Stock: Gaining Big on Strong Earnings
Costco Wholesale Corporation (NASDAQ: COST) Costco Wholesale Corporation is having a strong day in the market today, and for good reason. The company reported earnings for the fourth quarter, beating analyst expectations and exciting investors. On top of that, Deutsche Bank weighed in with an overwhelmingly positive view. Today, we'll talk about the news, what we're seeing … [Read more...]
