The Latest Breaking News from COST

The economy is suffering its worst inflation in more than 40 years. In an inflationary environment, investors should look to bet on companies that possess sufficient pricing power, with products and services that face inelastic demand. Since many analysts expect inflation to continue trending higher despite interest rate increases, we…

Costco Wholesale (NASDAQ:COST) has outperformed the market over the past 15 years by 9.72% on an annualized basis producing an average annual return of 16.9%. Currently, Costco Wholesale has a market capitalization of $248.07 billion.

Inflation is high, as are recession fears, which made this retail discount chain store look attractive.

The Russia-Ukraine war has exacerbated supply chain disruptions worldwide, causing many economists to forecast that inflationary pressure will persist longer than expected, irrespective of federal interest rate hikes. Amid rising prices, discount store operators should witness significant demand because they sell products at prices lower than traditional retail stores. So,…

Someone with a lot of money to spend has taken a bearish stance on Costco Wholesale (NASDAQ:COST). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Truist analyst Scot Ciccarelli raised the price target on Costco Wholesale Corp (NASDAQ: COST) to $634 from $603 and kept a Buy rating on the shares.

Within the last quarter, Costco Wholesale (NASDAQ:COST) has observed the following analyst ratings:

Costco Wholesale (NASDAQ:COST) has outperformed the market over the past 5 years by 13.59% on an annualized basis producing an average annual return of 27.81%. Currently, Costco Wholesale has a market capitalization of $251.94 billion.

A whale with a lot of money to spend has taken a noticeably bearish stance on Costco Wholesale. Looking at options history for Costco Wholesale (NASDAQ:COST) we detected 40 strange trades.