The Latest Breaking News from COST

Costco reported 7.1% higher comp sales for its fiscal Q1 ending November and strong free cash flow margins, pushing COST stock's value higher. One way to play this is to sell short OTM puts for a lower buy-in.

Broadcom became the latest member of the $1 trillion market-cap club after its quarterly results, while RH also rallied on earnings.

December S&P 500 E-Mini futures (ESZ24) are down -0.15%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.23% this morning as Treasury yields marched higher, while investors awaited crucial U.S. producer inflation data as well as the European Central Bank’s interest rate decision.

We have a few late reporting companies on the earnings front this week with Broadcom, Gamestop, Oracle, Costco, Adobe, Lennar and Toll Brothers all set to report.

Whales with a lot of money to spend have taken a noticeably bullish stance on Costco Wholesale.

Costco has outperformed the S&P 500 over the past year, and analysts are moderately optimistic about the stock’s prospects.

Analysts' ratings for Costco Wholesale (NASDAQ:COST) over the last quarter vary from bullish to bearish, as provided by 33 analysts.

High-rolling investors have positioned themselves bullish on Costco Wholesale (NASDAQ:COST), and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in COST often signals…

Defensive stocks are essential for shielding one’s portfolio from market volatility, as they tend to perform well even during economic downturns. Thus, fundamentally solid consumer staples stocks Walmart (WMT), Costco (COST), and Target (TGT) might be ideal buys to shield one’s portfolio amid market volatility. Keep reading.