Baltimore — (TFN): Our TFN discount retail stock pick Costco (COST) today announced that same-store sales gained 7% in the U.S. and 15 percent at international locations.
Not bad for a recession: The 9 percent gain for the whole company beat the 7 percent average estimate of 16 analysts, based on figures provided by Retail Metrics [...]
Update 05/08/2008 10:55 AM: Laura Cadden has just issued a recommendation to sell DLTR for a 40%-plus gain. Read’em and weep!
By J. Christoph Amberger
Baltimore — (TFN): Early retail sales reports issued this morning indicate that shoppers focused on basic consumer goods over the past month and bought at discounters and wholesale clubs. Wal-Mart Stores [...]
Tags: amberger, COST, cost:nasdaq, Costco, DLTR, dltr:nasdaq, Dollar tree stores, financial news, recession proof stocks, retail sales, warehouse
Baltimore — (TFN): ): On February 7, 2008, in our TFN Hot Stock Pick of the Week, I suggested that you buy discount wholesale giant Costco (COST) “around or below $65, for medium-term gains of 15-20% by mid-year”.
On The stock was trading just below $65 at the time.
Of course, like clockwork, the moment I made [...]
by J. Christoph Amberger
Baltimore — (TFN): On February 7, 2008, in our TFN Hot Stock Pick of the Week, I suggested that you buy discount wholesale giant Costco (COST) "around or below $65, for medium-term gains of 15-20% by mid-year".
The stock was trading just below $65 at the time and has oscillated around that level [...]
Baltimore — (TFN): As the pundits foresee recession and credit crunch, one discount retailer has been growing sales and profits steadily. J. Christoph Amberger says take advantage of the current price drop to buy!
Click here to watch the financial video and find out more.
Read this TFN Hot Stock Pick of the Week Research Report.
****Make [...]
A Today's Financial News Research Report: 'Imagine my surprise when I pulled up on our Costco parking lot last weekend. It was crammed full. Plenty of people were maneuvering sets of brand new mattresses, flat-screen TVs, and slabs of prime beef that would make a French chef's upper lip twitch. If there's a retail crunch, [...]