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☆ Insider Today: Vacation-rental red flags
▼ + stars: | 2024-11-23 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +7 min

AdvertisementThis post originally appeared in the Insider Today newsletter. BI's movie reviewer said that "Wicked," starring Ariana Grande and Cynthia Erivo, is worth the two hours and 41 minutes. This week's dispatchGMVozd/ Getty ImagesHow to win ThanksgivingNo matter how you try to slice it, hosting Thanksgiving dinner is a task. Vacation-rental red flagsMartin Puddy/Getty ImagesAs a full-time traveler, it's fair to say Tammy Barr knows what she's doing when it comes to finding a good vacation rental. AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.

Persons: Ariana Grande, Cynthia Erivo, It'll, she's, Ozempic Michael M, Chelsea Jia Feng, Robert F, Kennedy Jr, Big, Martin Puddy, Tammy Barr, Barr, Harold Cunningham, Rebecca Zisser, Philippe, Reid, Craig Karger, Olga Rolenko, Willink, it's, Chad Michael Murray, Jamie, Claire Fraser, Dan DeFrancesco, Grace Lett, Lisa Ryan, Amanda Yen Organizations: Business, US Naval Academy, Costco, RFK, Getty, Department of Health, Human Services, Big Pharma, nab, BI, Retired Navy, Hulu, Starz Locations: New York City, New York

☆ Greene: If it was just the MAG seven, the rally would not be sustainable.
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGreene: If it was just the MAG seven, the rally would not be sustainable. Victoria Greene, Founding Partner & CIO at G Squared Private Wealth, discusses the broader market rally, noting that small-cap stocks are outperforming tech giants. She sees opportunities in traditional stocks like Walmart, Costco, and IBM, and views the market as a bull run, urging investors to take advantage rather than stay on the sidelines.

Persons: Greene, Victoria Greene Organizations: MAG, Partner, G Squared, Wealth, Walmart, Costco, IBM

☆ Another US wholesale favorite is bumping its membership prices
▼ + stars: | 2024-11-22 | by ( Alex Bitter | ) www.businessinsider.com time to read: +1 min

AdvertisementThe wholesale chain BJ's said it would raise its membership fees in 2025. Its rival Costco raised its membership fees in September. Another wholesale retailer is planning to raise its membership fees. Related VideoIt said the new cost of a Club membership would be $60 annually, up by $5 from the current price, and a Club+ membership would cost $120, up by $10. The chain's rival Costco raised membership fees in September.

Persons: It'll, BJ's Wholesale, Robert Eddy Organizations: Costco, BJ's, Gold Star, Sam's

☆ The portfolio's biggest stock winners — and laggards — for the week
▼ + stars: | 2024-11-22 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Markets: The stock market is wrapping up a good week, with the S & P 500 on Friday pacing for its fifth straight session of gains. Next week: It's a holiday-shortened week with markets closed Thursday for Thanksgiving and closed early (1 p.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, industrials, Coterra, We're, Blackwell, CrowdStrike, Robert F Kennedy, we'll, JM Smucker, Jim Cramer's, Jim Organizations: CNBC, ., Walmart, Costco, Utilities, Nvidia, Coterra Energy, Technology, Enterprise, Department of Health, Human Services, Department of Justice, Google, Chrome, Burlington Stores, Dick's Sporting Goods, JM, Abercrombie, Fitch, Dell Technologies, HP Inc, Federal, Jim Cramer's Charitable, Traders, New York Stock Exchange, NYSE Locations: New York City

☆ BJ’s Wholesale Club membership fees are going up for the first time in 7 years
▼ + stars: | 2024-11-21 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —BJ’s Wholesale Club is hiking the price of its annual membership fee for the first time since 2018. The warehouse store chain, a smaller rival to Costco and Sam’s Club, announced Thursday that the cost will increase by $5 to $60 per year for its basic plan. Annual fees have been one of the biggest profit-generating areas for BJ’s, helping it offset expenses to keep its prices down. Meanwhile, Sam’s Club last raised its fees in 2022. The company has fewer stores than its major competitors, and its locations are a little smaller, though BJ’s carries a wider variety of items.

Persons: BJ’s, ’ Organizations: New, New York CNN, BJ’s Wholesale, Costco, Sam’s Club, Sam’s Locations: New York, Westborough , Massachusetts, East Coast, Michigan

☆ Jim Cramer wants to buy this falling tech stock — and touts another reason to like Disney
▼ + stars: | 2024-11-20 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer reiterated his belief that the big-picture rollout of Blackwell is fine. Jim Cramer said he sees "a great opportunity" to buy Crowdstrike as shares fall nearly 2% Wednesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Stocks, Jim, we're, Jim Cramer's Organizations: CNBC, Nasdaq, Nvidia, Blackwell, Target, Costco, Walmart, Club, Palo Alto Networks, Disney, Williams, JPMorgan, Delta Air Lines Locations: Sonoma

☆ I tried every flavor of muffin I could find at Costco and ranked them from worst to best
▼ + stars: | 2024-11-20 | by ( Su-Jit Lin | ) www.businessinsider.com time to read: 1 min

I had never tried a Costco muffin before this taste test. I was so excited to finally try Costco's large muffins. Su-Jit LinEvery time I go to Costco, I glance wonderingly at the enormous muffins from the bakery. For years, I've yearned from afar, but I decided to try them all for the first time and rank them from worst to best. Editor's Note: Availability may vary as some of the muffin flavors are limited-edition or have been discontinued.

Persons: Jit Lin, I've Organizations: Costco

☆ Walmart hits new highs and Target dives after earnings as rivals diverge even more
▼ + stars: | 2024-11-20 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +5 min

Customer traffic gains were similar at the two stores, yet Walmart's sales trends looked much better than Target's. Walmart's traffic growth edged out its rival's, with a gain of 3.1% at Walmart U.S. versus 2.4% at Target. Walmart's e-commerce sales in the U.S. rose 22%, a bigger increase than the nearly 11% at Target. About 60% of Target's sales come from discretionary items, such as home goods and clothing. On a call with investors on Wednesday, Cornell pointed to "green shoots" in the business, even as sales results disappointed.

Persons: Brian Cornell, Walmart's, Michael Baker, Davidson, Baker, Paul Lejuez, Kate McShane, Goldman Sachs, Davidson's Baker, Cornell, Michael Lasser, We'll Organizations: Walmart, Walmart U.S, Target, D.A, Amazon, Costco, Citi Research, Deutsche Bank, HSBC Global Research, Citi, Cornell, UBS Locations: U.S, Minneapolis, America

☆ Target sounds the alarm bell on holiday shopping
▼ + stars: | 2024-11-20 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

New York CNN —Target is expecting a surprisingly weak holiday shopping season, a warning sign for the retail industry. The holiday shopping season is pivotal for retailers. While Target can survive a weak holiday season, many smaller companies depend on strong sales during the holidays. But Target has also slumped because of its merchandise mix and higher prices compared to rivals like Walmart. Walmart raised its financial outlook, a signal it expects a strong holiday shopping season.

Organizations: New, New York CNN, Target, Walmart, Costco Locations: New York

☆ Target shares plummet 18% in premarket trade as it posts disappointing earnings and cuts guidance
▼ + stars: | 2024-11-20 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

The retailer cut its full-year financial guidance and reported sales growth of just 0.3%. Target shares plunged as much as 18% in premarket trading after the retailer posted disappointing third-quarter earnings and lowered its financial guidance for the year. On Wednesday, Target reported adjusted earnings per share of $1.85, down just under 12% year-over-year. AdvertisementIn the release, Target also cut its full-year financial guidance, saying it expects earnings per share of between $8.30 and $8.90. At its second-quarter earnings in August, the retailer said it expected full-year EPS of between $9 and $9.70.

Persons: Brian Cornell Organizations: Analysts, Revenue, Target Corporation, Target, Walmart, Costco

☆ We're making another trim of a stock under pressure to protect hard-fought profits
▼ + stars: | 2024-11-20 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

We're selling 165 shares of Best Buy at roughly $86 each. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 600 shares of BBY, decreasing its weighting to about 1.5% from 1.9%. BBY YTD mountain Best Buy YTD On Wednesday, however, we're selling some Best Buy shares for another reason: discipline. But we have to acknowledge that Best Buy competes with the big three on electronics. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Donald Trump, There's, Jim Cramer, Jim Organizations: Federal Reserve, Walmart, Amazon, Costco —, TJX Companies, CNBC Locations: BBY, Williams, Sonoma

☆ Jim Cramer looks at Target earnings, says consumers are loyal to value and not brands
▼ + stars: | 2024-11-20 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Wednesday said consumers right now aren't focused on brand names, but on companies that can provide the most value. The big box retailer cut its full-year guidance, and management said it saw weakness in discretionary products despite price cuts. Although the two retailers offer similar products, Cramer said Walmart is simply more affordable. He also named other discount outfits that are seeing success despite a tough consumer landscape, including Costco , TJX , Chili's-parent Brinker and Texas Roadhouse . On Wall Street, this focus on value extends beyond consumer companies and to sectors like tech, Cramer added.

Persons: CNBC's Jim Cramer, we're, " Cramer, Cramer, Brinker, Microsoft — Organizations: Target, Walmart, Costco, Texas, Nvidia, Google, Oracle, Microsoft

☆ Walmart says prices will 'probably' go up if Trump tariffs take effect
▼ + stars: | 2024-11-19 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

AdvertisementWalmart's CFO said that Trump's proposed tariffs could lead the retailer to raise prices. During Trump's previous term, Walmart said it would try to avoid food price increases by managing costs elsewhere. Walmart CFO John David Rainey said on Tuesday that Trump's sweeping tariff plan could lead the retailer to raise prices on a portion of its products. Related Video"We never want to raise prices," he told CNBC. "Tariffs, though, are inflationary for customers, so we want to work with suppliers and with our own private-brand assortment to try to bring down prices."

Persons: John David Rainey, Trump, Rainey, Doug McMillon, McMillon Organizations: Walmart, CNBC, Walmart US, Target, Costco

☆ Jim Cramer explains why budget retailers like Walmart are seeing success
▼ + stars: | 2024-11-19 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

The big box retailer posted an earnings and revenue beat on Tuesday, impressing Wall Street and sending the stock to a new 52-week high, up 3% by the close. Walmart highlighted growth in its e-commerce segment and advertising business as factors that contributed to its success. But to Cramer, the main reason Walmart's quarter impressed Wall Street is its affordable merchandise and price reductions. Walmart and peer retailers that focus on value — like Amazon and Costco — are what consumers want right now, and these retailers are some of the only ones that can afford large price rollbacks, he added. "There's something going on underneath, something that's hurting every department store, every dollar store, every mall store," Cramer said.

Persons: CNBC's Jim Cramer, Cramer, Wall Organizations: Walmart, Costco Locations: U.S

☆ My family paid $180 to have Costco handle Thanksgiving dinner. The prep was easy, and every dish tasted homemade.
▼ + stars: | 2024-11-19 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

AdvertisementWe let Costco handle Thanksgiving dinner by ordering a premade meal from the warehouse chain's site. Our delicious dinner required little work to reheat, giving us more time to spend with family. I love the holiday season and all the delicious food it brings — so much so that I've even cooked an entire Thanksgiving from Ina Garten recipes. The $230 Thanksgiving dinner, provided by food distribution company Fortune Fish and Gourmet, was $50 off for Costco members when I preordered, making it just $180. AdvertisementHere's what it was like to let Costco handle our early Thanksgiving dinner, which we planned for when my mother-in-law would be in town.

Persons: Ina Garten, I Organizations: Costco, Singapore Airlines, Fish Locations: Turkey

☆ This Costco competitor looks cheap. How to bet on it using options
▼ + stars: | 2024-11-18 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

It builds on the P/E ratio (price-earnings ratio) by incorporating the expected long term earnings growth rate, providing a more dynamic perspective. Using a two-axis growth of a similar relative scale, we can normalize and compare BJ's revenue growth to Costco's. Costco's growth rate is better than that of its smaller competitors, but is the stock itself a better value? Over the past five years, Costco has experienced a growth rate of 11%, and BJ's is a more modest but still respectable 7%. BJ's PEG ratio is 21/7 = 3.

Persons: BJ, I've, BJ Jan Organizations: BJ's Wholesale Club Holdings, BJ's, Costco, Walmart, CNBC, NBC UNIVERSAL Locations: Marlborough , Massachusetts, East Coast, Midwest

☆ Costco's founder met Jeff Bezos for coffee—his advice helped turn a near-death Amazon into a $2 trillion business
▼ + stars: | 2024-11-17 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +4 min

After 30 years in business, Amazon is a $2 trillion behemoth and one of the world's largest retailers. Some critics believed Amazon was doomed to never recover, but founder Jeff Bezos turned things around — with some helpful advice from Jim Sinegal, founder of rival retailer Costco. Amazon, Bezos added, would always aim to be the second type of company. Bezos credited the rebound to lower prices and promised to eliminate unnecessary costs in order to make more discounts possible, the Times reported — a similar strategy to Costco's. And what really drove it was lower prices for customers…" Bezos told Fox News in January 2002.

Persons: Amazon, Jeff Bezos, Jim Sinegal, Bezos, Barnes & Noble, Brad Stone, Sinegal, Stone, Jeff, We've Organizations: Costco, Barnes &, Amazon, The New York Times, Sales, Times, Fox News, Amazon Prime, CNBC Locations: Amazon's, Bellevue , Washington

☆ Costco's Gold Star Membership costs $65 a year—here's how to get it for just $20
▼ + stars: | 2024-11-16 | by ( ) www.cnbc.com time to read: +1 min

The warehouse store chain's Gold Star Membership normally retails for $65. The same offer is also available for Costco's premium Executive Membership, which costs $130 per year and gives members 2% cash back on all Costco purchases. Factoring in the $45 gift card, you can get an Executive Membership for an effective annual rate of $85 for your first year. Costco recently increased its membership rates from $60 and $120 for the Gold Star and Executive memberships, respectively. The offer is only eligible to new members or to people whose Costco membership expired more than 18 months ago, meaning that if you already have a Costco membership, you're out of luck.

Persons: StackSocial, Jan Organizations: Costco, Gold Star, StackSocial

Black Friday is on Nov. 29, 2024, and Cyber Monday is on Dec. 2, 2024. Many retailers’ early Black Friday and Cyber Monday sales have already begun, including at Walmart, Home Depot and REI. While shopping Black Friday and Cyber Monday, don’t forget to poke around subscription services and travel sites for deals, says Shand. Black Friday and Cyber Monday shopping tipsPlanning is key to shopping Black Friday and Cyber Monday. Don’t wait to buy what’s on your wishlistDuring Black Friday and Cyber Monday, shopping traffic peaks online and in stores.

Persons: it’s, I’ll, You’ll, Mackenzie Shand, they’re, Shand, ”, Vipin Porwal, Porwal, don’t, We’ve, you’re, Black, can’t, you’ll, that’s, TikTok Organizations: NBC, Walmart, Home, Retailers, Black, Apple, Nintendo, Products, Tech, Brands, Target, Costco, Facebook, Twitter Locations: REI

☆ Mushkin: Amazon, Walmart, and Costco are taking an enormous amount of share
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMushkin: Amazon, Walmart, and Costco are taking an enormous amount of shareScott Mushkin, CEO of R5 Capital, highlights strong retail spending, with Amazon, Walmart, and Costco leading the market. He favors Walmart for its margin potential and Amazon for AWS growth, while cautioning about challenges in hard-line retail due to rising interest rates and deflation.

Persons: Scott Mushkin Organizations: Walmart, Costco, R5, Amazon

Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. This time around, Trump's tariff proposals on Chinese imports could help Amazon in its competition against low-price online sellers Temu and Shein. Salesforce : Not a Trump stock, but it wasn't a Kamala Harris stock either. Constellation Brands : The Mexican beer importer has been punished on fears about what Trump's tariff and immigration proposals could do to its business. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, Donald Trump's, Trump's, Abbott, Trump, Hock Tan, Tan, We'll, it's pricier, Morgan Stanley, Wells, Kamala Harris, Agentforce, That's, Biden, Dover, Eaton's, Elon, Waymo, JD Vance, we've, Linde, that's, Eli Lilly, Robert F, Kennedy Jr, Kennedy, Lilly, Mark Zuckerberg, Zuckerberg, Goldman Sachs, shouldn't, Nextracker, Brian Niccol, Niccol, Stanley Black, Decker, TJ Maxx, Wells Fargo, Jim Cramer Organizations: Jim Cramer's Charitable Trust, CNBC, Abbott Laboratories, Abbott Labs, White, Biden, AMD, Trump, Wednesday, Broadcom, VMWare, BlackRock, Costco, Coterra Energy, Coterra, DuPont, Disney, GE Healthcare, GE Aerospace, Google, Honeywell, Elliott Investment Management, Linde, Microsoft, Big Tech, Apple, Meta, Financial Times, Nvidia, Palo Alto Networks, Yum Brands, Taco Bell, Constellation Brands, Management, TJX, Marshalls, Jim Cramer's Charitable Locations: China, India, Missouri, Wells Fargo, BlackRock, Shanghai, Dover, U.S, Palo, HomeGoods

☆ Jim Cramer names hot sectors that could use a pullback
▼ + stars: | 2024-11-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Thursday suggested the post-election market has been extreme, with big wins and big losses. "We have a lot of overly loved stocks in this market right now," he said. Cramer pointed out the sharp rise of enterprise software stocks, saying that it seems these companies with in-demand products for big corporations can do no wrong. Cramer also highlighted two sectors he said are "too hated," but could bounce back, including pharmaceuticals and semiconductors. For semiconductors, Cramer concluded that those companies have suffered in part because some feel that new artificial intelligence-powered PCs haven't taken off.

Persons: CNBC's Jim Cramer, Cramer, Salesforce, Donald Trump's, Trump, Robert F, Kennedy Jr Organizations: Costco, Netflix, Spotify, Merck, Pfizer, Human Services Department Locations: China

☆ Costco recalled almost 80,000 pounds of butter because the labels failed to say it contained milk
▼ + stars: | 2024-11-12 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

Costco has recalled 79,200 pounds of butter for failing to note it contained milk. The butter was produced by Continental Dairy Facilities Southwest and distributed in Texas. AdvertisementCostco recalled 79,200 pounds of butter last month because it failed to include a disclaimer that the product contained milk. AdvertisementThe 46,800 pounds of unsalted butter and 32,400 pounds of salted butter were distributed across Texas. Costco and Continental Dairy Facilities Southwest did not respond immediately to requests for comment from Business Insider, sent outside regular US working hours.

Persons: —, butters, Kirkland Organizations: Costco, FDA, Continental Dairy, Service, Kirkland, Drug Administration, Business Locations: Texas

☆ I'm a professional baker. I tried chocolate-chip cookies from Costco, Walmart, Kroger, and Safeway to find the best.
▼ + stars: | 2024-11-11 | by ( Alana Al-Hatlani | ) www.businessinsider.com time to read: +2 min

I tried chocolate-chip cookies from the bakery section of Kroger, Safeway, Walmart, and Costco. As a pro baker, I had high expectations — but Safeway and Walmart didn't impress me much. Costco's cookies were soft and not too sweet with lots of chocolate chunks. AdvertisementAs a professional baker, I've probably made thousands of chocolate-chip cookies from scratch. So, I tried chocolate-chip cookies from the bakery section at four national chains near me in Seattle — Costco, Kroger, Safeway, and Walmart.

Persons: —, I've, there's Organizations: Kroger, Safeway, Walmart, Costco, Service Locations: Seattle

☆ What’s open and closed on Veterans Day 2024
▼ + stars: | 2024-11-10 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

New York CNN —Veterans Day honors active and former US service members annually on November 11, the anniversary of the end of World War I. Here’s what’s open and closed on Veterans Day 2024. The New York Stock Exchange and Nasdaq will be trading on Veterans Day. Postal servicesUPS will be operating as normal on Veterans Day. Make sure to double-check if your local services are open that day.

Organizations: New, New York CNN, Veterans, Retail, Target, Walmart, Kroger, Costco, Roadhouse, Bank of America, Citibank, Bank, Federal, The New York Stock Exchange, Nasdaq, UPS, Veterans Day, FedEx, FedEx Express Locations: New York, Wells Fargo

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