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☆ Costco is still a winner, even in a higher unemployment environment, says Telsey's Joe Feldman
▼ + stars: | 2024-02-16 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCostco is still a winner, even in a higher unemployment environment, says Telsey's Joe FeldmanJoe Feldman, Telsey Advisory Group, joins 'Fast Money' to talk what is ahead for retail earnings.

Persons: Telsey's Joe Feldman Joe Feldman Organizations: Costco, Telsey Advisory

☆ In this fast-paced bull market, we're increasing our Club price targets on 4 stocks
▼ + stars: | 2024-02-15 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Following last week's $120-per-share price target hike to $750 on strong earnings, we're raising our PT again Thursday to $850. Even at our new $850 price target, Lilly shares still represent a lower PEG than we've seen historically but that provides some margin of safety. Costco price target hike to $770 from $680 Costco also trades at a premium valuation, but we think it's warranted due to the company's reliability and consistency. Salesforce price target hike to $320 from $275 Salesforce is a Club name we recently highlighted in our 10 undervalued stocks commentary . Palo Alto Networks price target change pending Lastly, we are aware that our price target on Palo Alto Networks requires an update as well.

Persons: It's, Eli Lilly, Lilly, Salesforce, –, There's, Jim Cramer's, Jim Cramer, Jim, Robert Nickelsberg Organizations: Wall, PT, Novo Nordisk, Costco, Microsoft, Broadcom, UBS, VMware, JPMorgan, Palo Alto, Palo Alto Networks, Palo, CNBC, Getty Locations: GLP, AVGO, Palo Alto, Palo, New York City

☆ These stocks consistently grow earnings and have a track record of strong returns
▼ + stars: | 2024-02-15 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Several stocks, including PepsiCo to Expedia , can provide steady returns and earnings growth in the face of greater volatility, according Wolfe Research. Against this backdrop, investors may want to keep their eyes on stocks that reliably deliver strong returns. Wolfe Research screened for companies with a history of strong returns — as gauged by return on equity and return on capital employed — along with consistent earnings growth. Fast-casual burrito chain Chipotle Mexican Grill is another stock with historically strong returns and earnings growth, according to the firm's screener. Chipotle's shares are up 13.8% so far this year, buoyed by strong fourth-quarter earnings driven by improved sales and margins.

Persons: Wolfe, ROE, Goldman Sachs, Goldman, Kate McShane, Expedia, Morgan Stanley, Ralph Lauren Organizations: PepsiCo, Expedia, Wolfe Research, Dow Jones, Nasdaq, Costco, UBS Locations: Tuesday's

INDIO, Calif. (AP) — A former Los Angeles police officer who shot and killed a mentally ill man who attacked him in a Costco store won't be retried for voluntary manslaughter, prosecutors said. Last month a mistrial was declared after jurors in Riverside County deadlocked, with a majority in favor of acquittal. Photos You Should See View All 33 Images"The stress on the Sanchez family, emotionally as well as financially, has been enormous,” Schwartz said. The officer fired seconds later, fatally wounding French and critically injuring the man's parents, Russell and Paola French. He was fired in 2020 after the Los Angeles Board of Police Commissioners ruled that his actions violated departmental policy.

Persons: —, Salvador Sanchez, Kenneth French, general's, Sanchez, Michael Schwartz, ” Schwartz, Russell, Paola French, French Organizations: Costco, California Department of Justice, Riverside Press, Enterprise, Riverside, LAPD, Los Angeles Board of Police Locations: INDIO, Calif, Los, Corona, Los Angeles, Riverside County

☆ I canceled my BJ's and Sam's Club memberships when Costco opened 40 minutes away. It's now the only warehouse I shop at for my family.
▼ + stars: | 2024-02-15 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

When Costco opened 40 minutes away, I canceled my other warehouse memberships and never looked back. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The trip seemed just a bit too far so my family and I looked for other warehouse-store alternatives. Sam's Club and BJ's Wholesale Club were only about 15 to 20 minutes away so, over the course of six years, I shopped at the two stores. This story is available exclusively to Business Insider subscribers.

Persons: —, I've Organizations: Costco, Products, Kirkland, Protein, Service, Sam's, BJ's Wholesale, Business Locations: Northeast, Central Florida

☆ I pay for Costco's $120 executive membership even though I only shop for 2. Here are some of my favorite buys.
▼ + stars: | 2024-02-14 | by ( Dominic Bucca | ) www.businessinsider.com time to read: +1 min

I do almost all of my grocery shopping at Costco, even though I only shop for two. I have an executive Costco membership and feel that it's worth the $120 fee. AdvertisementDespite not having a large family to feed, I've been shopping at Costco for more than 20 years. I pay for a $120 executive membership, which feels worth it to me because of the savings I score on pantry staples, dairy, meat, and more. Unlike the cheaper $60 membership, the executive version has a 2% annual reward of up to $1,000 on eligible Costco purchases.

Persons: — Organizations: Costco, Service

☆ I pay for Costco's $120 executive membership even though I shop for only 2. Here are some of my favorite buys.
▼ + stars: | 2024-02-14 | by ( Dominic Bucca | ) www.businessinsider.com time to read: +1 min

I do almost all my grocery shopping at Costco, even though I shop for only two. I have an executive Costco membership and feel that it's worth the annual $120 fee. AdvertisementDespite not having a large family to feed, I've been shopping at Costco for more than 20 years. I pay for a $120 executive membership annually, which feels worth it because of the savings I score on pantry staples, dairy, meat, and more. Unlike the cheaper $60 membership, the executive version has a 2% annual reward of up to $1,000 on eligible Costco purchases.

Persons: — Organizations: Costco, Service

☆ 5 reasons to own Costco despite premium valuation and near record high stock price
▼ + stars: | 2024-02-14 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

BMO Capital Markets increased its Costco price target to $770 per share from $700 and kept its buy-equivalent outperform rating on the stock. After last week's release of solid January sales, Costco got a slew of price target raises. COST YTD mountain COST stock price year to date. Costco shares are high in price and also expensive on a valuation basis. Costco stock caught a series of analyst price target increases following last week's strong sales report for the retail month of January.

Persons: Rich Galanti, Gary Millerchip, Galanti, Costco's, Jim Cramer's, Jim Cramer, Jim Organizations: Costco, BMO Capital Markets, BMO, Walmart, Target, Analysts, Gold, UBS, CNBC, Kroger Locations: U.S, Canada, Mexico, North America, United States, South America, China, Shanghai

☆ 32-year-old former Google employee: I saved $400,000 living at home with my parents—why I don't regret it
▼ + stars: | 2024-02-13 | by ( Claudia Chee | ) www.cnbc.com time to read: +3 min

Even though I planned to get my own place at some point, I ended up living at home for 12 years. When I moved out this past December, I had $400,000 saved and invested from both my 9-to-5 income and earnings as an entrepreneur. In my early 20s, my meals were split 50/50 between my parent's cooking and the Google cafeterias. So in 2017, I left Google and the 9-to-5 grind, to focus on what I was really passionate about. In 2018, I started teaching yoga, and five years later, I pivoted to another passion of mine: music.

Persons: John Bogle's, Costco Claudia Organizations: Google, San Francisco Bay Area, Costco Locations: San Francisco Bay, U.S

☆ I visited Primark, one of Europe's biggest retail chains, for the first time and I can see why it's taking over the US
▼ + stars: | 2024-02-13 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +1 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementOne of the biggest retail chains across Europe is Primark. The first US location opened in 2015 in Boston. Almost 10 years later, there are 16 stores, but Primark aims to open 60 by 2026, it announced in 2021. AdvertisementNew York's Roosevelt Field location opened in November 2022, and spans 44,290 square feet of retail space across two floors, Long Island Business News reported.

Persons: —, Roosevelt Organizations: Service, Island Business Locations: Irish, New York, Europe, United Kingdom, Ireland, Boston, London, Island

☆ Expecting more sell-offs? These low-volatility fortresses can defend your portfolio and grow
▼ + stars: | 2024-02-13 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Tuesday's inflation data sent the broader market reeling, making stable stocks more attractive for investors worried about further losses. Because of this, CNBC Pro screened for low-volatility, fortress-like names that can perform well if the drawdown continues. She pointed to growth of a media business as something that could help Costco win market share and create a better margin profile. While more than three out of every five analysts polled by FactSet has a buy rating on the stock, the typical price target reflects shares pulling back by 1.5%. The average price target reflects the likelihood for more rallying ahead with an upside of nearly 15%.

Persons: Strong, Berkshire Hathaway, Warren Buffett, Tesla, Richard Galanti, Gary Millerchip, Goldman Sachs, Kate McShane, McShane, FactSet, Ben Reitzes Organizations: Federal Reserve, Treasury, CNBC Pro, Berkshire, Berkshire Hathaway, Costco, Kroger, Microsoft, Big Technology, Melius

☆ I've been a barbecue pitmaster for nearly a decade. Here are 10 things I buy at Costco and how I use them.
▼ + stars: | 2024-02-13 | by ( Joe Sousa | ) www.businessinsider.com time to read: +1 min

I'm a pitmaster who shops at Costco to buy food to cook for big groups and my family. Costco carries solid cuts of meat, like pork shoulder and USDA Prime brisket. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I usually visit Costco once or twice a week because its selection of meat is hard to beat in variety and price. Here are 10 things I buy at Costco when I'm hoping to grill up something tasty.

Persons: —, I'm Organizations: Costco, Kirkland, Service

☆ Cheese, yogurt and dairy recall: Here’s a list of items linked to Listeria outbreak
▼ + stars: | 2024-02-12 | by ( Mira Cheng | ) edition.cnn.com time to read: +5 min

CNN —Multiple large retailers, including Costco and Trader Joe’s, have recalled items containing dairy products from Rizo-López Foods Inc. due to possible Listeria contamination. Since then, the recall has expanded to include additional products made with the recalled yogurt, sour cream and cheese, such as dressings, sandwiches and salad kits. Brands and the products they have recalled in the past week include:• Sprouts Farmers Market: No Brand Chicken Street Taco Kit• SaveMart: Chicken Street Taco Kit• The Perfect Bite Co: Mexican Style Street Corn Bites• Stater Bros: Chicken Street Taco Kit• Fresh Express: Fresh Express Salsa! They can contact Rizo-López Foods Inc. directly with questions at 1-833-296-2233, and report adverse events to the FDA. This is not the first recall of Rizo-López Foods Inc. products related to Listeria, according to the CDC investigation.

Persons: Joe’s, •, Kit •, Tom Thumb, • Dole, Jack, Olive, • Marketside, Bacon, • Rojo’s, Don Pancho, Poblano Caesar, Tio Francisco, Don Francisco, Rizo, Campesino, Dos, Casa, Dr, Sanjay Gupta Organizations: CNN, Costco, López Foods Inc, Brands, • Albertsons, Safeway, Eagle, Star, HEB, Express, FDA, Rizo Bros, US Centers for Disease Control, CDC, Get CNN, CNN Health, Foods Locations: Vons, Marketside, Rio Grande , Food City, El, San Carlos, Santa Maria, Casa Cardenas, California, Texas, Hawaii

☆ Skip these 5 household items at Costco—they aren't worth the bargain, says expert at finding deals
▼ + stars: | 2024-02-11 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

Additionally, prices can vary between Costco locations, and in-store prices tend to be cheaper than what's found online. And most people don't tend to go through stick after stick of lip balm in rapid succession, Ramhold says. "But the truth is that even if you use it habitually, it takes a long time to go through that much lip balm." For that reason, unless you're buying for family or friends, you probably don't need to grab the nine-count pack of lip balm on Costco shelves. However, you simply might not need 1,000 pills of, say, Kirkland Signature brand ibuprofen, unless you have a large household, Ramhold says.

Persons: Julie Ramhold, shea, Ramhold, Kirkland Organizations: Costco, Sam's, BJ's Wholesale, CNBC

☆ Calls of the Day: Cleveland Cliffs, Palo Alto Networks, Albemarle and Costco
▼ + stars: | 2024-02-09 | 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 EmailCalls of the Day: Cleveland Cliffs, Palo Alto Networks, Albemarle and CostcoThe Investment Committee debate the latest calls on Cleveland Cliffs, Palo Alto Networks, Albemarle and Costco.

Organizations: Palo Alto Networks, Costco Locations: Cleveland, Palo, Albemarle, Cleveland Cliffs, Costco

☆ Friday analyst calls: Street sticking with Pinterest, Citi upgrades Liberty Global, United Airlines could surge
▼ + stars: | 2024-02-09 | by ( Hakyung Kim | ) www.cnbc.com time to read: +11 min

United Airlines' shares got a premarket lift following an upgrade at Evercore, and Bank of America dropped its price target on Expedia. He raised the price target to $300 from $225, which implies shares could gain 14.6% from Thursday's close. He also lowered his price target to $181 from $156, which implies 13.5% upside potential from Thursday's close. ET United Airlines shares could surge 56%, according to Evercore Evercore upgraded shares of United Airlines to outperform from in-line. He reiterated his $48 price target on shares, which suggests around 18% upside from the stock's closing price on Thursday.

Persons: Pinterest, Morgan Stanley, TransDigm, CyberArk, Tal Liani, Liani, Kim, Justin, Post, Expedia, — Hakyung Kim, Goldman Sachs, Kate McShane, Gary Millerchip's, McShane, Evercore Evercore, Duane Pfennigwerth, Pfennigwerth, Morgan Stanley's, Kristine Liwag, Liwag, there's, LBTY, Georgios Ierodiaconou, Ierodiaconou, Stephen Ju, Ju, Goldman, Eric Sheridan, . Bank of America's Justin Post Organizations: CNBC, Citi, Liberty Global, United Airlines, Bank of America, Bank of America's, Palo, Costco, Incoming, Kroger, Liberty, Wall Street's, UBS, Pinterest, Google, . Bank of America's, Post Locations: underappreciated, Thursday's, Wall

☆ Here are Friday's biggest analyst calls: Apple, Alphabet, Tesla, Costco, Dick's, United, Pinterest, Vivid Seats & more
▼ + stars: | 2024-02-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Daiwa reiterates Apple as outperform Daiwa said it needs to see more growth from Apple, but that it's sticking with its outperform rating. " "We reiterate our Outperform rating on Dick's Sporting Goods and lift our 12- to 18- month price target to $190 (from $145)." Bank of America reiterates Pinterest as buy Bank of America said it's standing by Pinterest shares after earnings on Thursday. Initiating Coverage On Vivid Seats With A BUY Rating And $10 Price Target. Bank of America initiates Ocular Therapeutix as buy Bank of America said it's bullish on the opthalmic biotech company.

Persons: Morgan Stanley, it's, Wedbush, Tesla, Daiwa, Oppenheimer, Argus, Pinterest, Goldman Sachs, Goldman, Wells, Craig, Hallum, Cleveland, it's bullish Organizations: Citi, Liberty Global, Apple, Dick's Sporting Goods, Bank of America, HSBC, Bunge, Argus, Health, PayPal, Costco, Alphatec Holdings, United Airlines, Target ., JPMorgan, " Bank of America Locations: FCF, Cleveland

☆ Costco has replaced Trader Joe's as America's favorite supermarket
▼ + stars: | 2024-02-09 | by ( Nicolas Vega | ) www.cnbc.com time to read: 1 min

Trader Joe's has lost the top spot as America's favorite supermarket chain. That's according to the annual American Customer Satisfaction Index Retail and Consumer Shipping Study. The index gives chains a satisfaction score out of 100, based on factors including a store's layout and hours, merchandise selection, courtesy and helpfulness of staff as well as speed of the checkout process. The scores were calculated based on interviews with 40,264 customers between January and December of 2023. Those customers were asked to evaluate their recent experiences at the nation's biggest chains.

Persons: Joe's Organizations: Consumer Shipping, Costco, Walmart, Sam's Locations: Monrovia, Calif

More foods are being recalled in the wake of a deadly outbreak of listeria food poisoning, including snack foods that may be part of Super Bowl Sunday party menus. Photos You Should See View All 21 ImagesThe recalled foods were sold to food service providers, retailers and at deli counters nationwide. The U.S. Department of Agriculture also issued a public health alert for certain Amazon kitchen burritos that contain ingredients made by Rizo Lopez Foods. About 1,600 people are sickened by listeria food poisoning every year, according to the CDC. The CDC said consumers who have the recalled products should throw them away and thoroughly clean the refrigerator, counters and other contact sites.

Persons: Joe's, Rizo Lopez, Tio Francisco, Don Francisco, Rizo, Campesino, Dos, Casa Organizations: Super Bowl, Costco, Rizo Lopez Foods, Inc, U.S . Centers for Disease Control, Prevention, Health, Rizo Bros, Food, U.S . Department of Agriculture, CDC, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Modesto , California, Rio Grande , Food City, El, San Carlos, Santa Maria, Casa Cardenas

☆ Jim Cramer's week ahead: Earnings from Shopify, Marriott and Wendy's
▼ + stars: | 2024-02-09 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday prepared investors for next week on Wall Street, saying investors should pay attention as earnings season continues, with reports from companies including Shopify , Marriott and Wendy's . He also recommended researching retail stocks next week before the industry reports a slew of earnings results the week after. "Next week seems busy, but, you know what, it's a classic interregnum — Google that — before we get to retail earnings," Cramer said. On Monday, Cramer said he'll be waiting for earnings reports from two "scorchers," cloud networking outfit Arista Networks and Cadence Design Systems , which provides software for artificial intelligence hardware. Shopify reports on Tuesday, and Cramer said he's optimistic because online shopping seems to be booming.

Persons: CNBC's Jim Cramer, Cramer, he'll, it's, he's, Kraft Heinz, He'll Organizations: Shopify, Marriott, Google, Arista Networks, Cadence Design Systems, Howmet, Cisco, Splunk, Trade, Costco, Walmart Locations: Wendy's

☆ Walmart and Target are gaining ground on Costco in customer satisfaction
▼ + stars: | 2024-02-08 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

The American Customer Satisfaction Index results are in and Costco is king for yet another year. The wholesale club earned the highest score among general merchandise retailers — again. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Washington-based wholesale club topped the rankings for at least the seventh year in the annual American Customer Satisfaction Index study of general merchandise retailers. But even though Costco remains king in 2024 with a repeat score of 82, its two largest big-box competitors are gaining ground.

Persons: — Organizations: Costco, Walmart, Target, Service, Business Locations: The Washington

☆ This is the year of the password-sharing crackdown
▼ + stars: | 2024-02-08 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +5 min

Streaming companies turned a blind eye to password-sharing for years. Users of the family-oriented streaming platform received emails this week notifying them of changes to the terms of service. The new terms note that different service tiers may permit some degree of password-sharing — if you're willing to pay. Disney's updated terms of service are almost identical to those of Hulu and ESPN+, which were also announced on January 25. Iger's comments came in the wake of Netflix's successful crackdown earlier last year, when the streaming giant announced it would start charging $8 for users outside the household.

Persons: Nice Guy, Hugh Johnston, Johnston, Bob Iger, Netflix's, Nicholas De Leon, We've, De Leon, It's Organizations: Business, Hulu, ESPN, Disney, Netflix, Consumer, Spotify, Costco, Amazon Prime, Apple Locations: Wednesday's

☆ We're watching 6 of our stocks making moves Thursday and considering buying more of another
▼ + stars: | 2024-02-08 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

Having skin in the game will change things," Jim Cramer said. This time it's due to a breathtaking move in chip designer Arm Holdings , which rallied more than 50% after strong earnings. 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, Josh Frost, Dow, Nelson Peltz, Cramer, Readthroughs, Stanley Black, Decker, Michael Cembalest, it's, What's, Peter Arduini, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Dow, Treasury, Disney, Arm Holdings, Broadcom, Nvidia, Palo Alto Networks, Costco, Club, DuPont, GE Healthcare, Interactive, PepsiCo, Jim Cramer's Charitable Locations: We're, Masco, China

LAS VEGAS (AP) — A Nevada jury has awarded about $130 million in damages in a lawsuit filed by five people who suffered liver damage after drinking bottled water marketed by a Las Vegas-based company before the product was recalled from store shelves in 2021. Real Water attorney Joel Odou argued that the company was unintentionally negligent, not reckless, the Las Vegas Review-Journal reported. The Southern Nevada Water Authority, the region's main public supplier, monitors and tests for 166 different possible contaminants, spokesman Bronson Mack said Thursday. Mack noted that the water authority was not a defendant in the lawsuits and said the area's municipal water supply meets or surpasses all federal Safe Drinking Water Act standards. Real Water was sold for at least eight years, primarily in Central and Southern California, Las Vegas, Phoenix and Utah.

Persons: Myles Hunwardsen, Henderson, ” Will Kemp, Kemp, Affinitylifestyles.com, Brent Jones, Jones, Herbst, Joel Odou, Bronson Mack, Mack Organizations: LAS VEGAS, AffinityLifestyles.com Inc, Republican, Telephone, Foods, Costco Wholesale, Hanna Instruments, Milwaukee Instruments, Water, Las Vegas, Las, The Southern, The Southern Nevada Water Authority, U.S . Food, Drug Administration, Clark County Health District Locations: Nevada, Las Vegas, Clark County, Lake, Hoover, Colorado, The, The Southern Nevada, Central, Southern California, Phoenix and Utah, U.S

☆ Costco's CFO is stepping down. Please tell us the $1.50 hot dogs are safe.
▼ + stars: | 2024-02-07 | by ( Lauren Steussy | ) www.businessinsider.com time to read: +1 min

Costco CFO Richard Galanti once said the company's $1.50 hot dog and soda combo was "forever." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRichard Galanti, Costco's CFO of nearly 40 years, is stepping down next month, the company announced Tuesday. By many, he'll be remembered for his fierce dedication to the $1.50 price tag on a hot dog and soda combo at the warehouse club's food court — an unreal value that has been the same since 1985.

Persons: Richard Galanti, —, he'll, Galanti Organizations: Costco, Service, Business

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