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Costco Wholesale Corporation (NASDAQ:COST) is a multi-billion dollar global retailer with hundreds of locations worldwide. The company is known for offering wholesale prices on bulk purchases, selling everything from groceries to electronics and clothing.
US stock markets were mixed on Monday with the Nasdaq outperforming strongly tech shares such as Facebook (NASDAQ: FB) climbed more than 3%.
US stock markets overcame a growing wall of worries to post a positive end to the week. Nike (NYSE:NKE) & Costco shares are making headlines.
Stock pitch In this episode of The Australian Investors Podcast, Owen Rask chats to Aoris Portfolio Manager, Stephen Arnold, CFA,
US markets closed out their fourth straight month of gains with the Dow Jones, S&P 500 and Nasdaq each moving higher on Friday.
Positive weekly jobless numbers sent US markets higher overnight, but the Nasdaq and high-growth tech shares are still struggling.
The S&P/ASX 200 (INDEXASX:XJO) is set to edge lower when the market opens on Friday. Kogan.com (ASX:KGN) and Qantas (ASX:QAN) shares are making headlines.
In this week’s stock selection piece, I take a look at the often misunderstood bulk retailing business Costco Wholesale Corporation (NASDAQ: COST).
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