Looking for the next red-hot stock-split opportunities? These industry leaders should be on your radar.Nvidia's stock split earlier this year was followed up by a period of strong valuation gains for the company, and the artificial intelligence (AI) leader is far from the first to benefit from post-split momentum.While stock splits don't do anything to change the fundamentals of a business, there are reasons why investors like them. By breaking its share count down into a larger number of shares, a company ...

Despite tallying total gains, including dividends, of 150,000% since its initial public offering (IPO), this dominant company hasn't split its stock since the start of the century.Despite historically hot trends like artificial intelligence (AI) dominating headlines on Wall Street, it's stock-split euphoria that's played an equally impressive role in sending the broader market higher in 2024.Put simply, a stock split is a tool publicly traded companies can lean on to adjust their share price and outstanding ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are th ...

Costco is a strong dividend growth stock, but investors have pushed the price near all-time highs. Realty Income is in a different position.On the surface, retailer Costco Wholesale (COST -0.77%) and real estate investment trust (REIT) Realty Income (O 0.57%) have little in common.One of the biggest differences between these reliable dividend stocks today is found on the valuation front, with Costco looking historically expensive and Realty Income relatively cheap. A lot of investors, particularly those in ...

Buying great businesses when they're on sale is an excellent wealth-building strategy.With volatility returning to the stock market in recent days, patient investors may soon have an opportunity to scoop up shares of some outstanding companies at a discount. Here are three elite stocks to place near the top of your buy list.Costco WholesaleConsumers love to buy quality merchandise at bargain prices. Costco Wholesale (COST -0.77%) has long made masterful use of this simple yet difficult-to-replicate formula ...

Costco has raised membership fees for the first time since 2017. Explore how this change could affect its stellar stock performance and customer loyalty.Costco Wholesale (COST -0.77%) recently announced its first membership fee increase since 2017, raising questions about the potential impact on its stock performance.Costco remains one of the strongest forces in the retail sector, known for its robust growth and loyal customer base. The new fee hike, along with new membership scanners aimed at enhancing ser ...

文章核心观点 - 好市多近期宣布打击非会员进店，虽近几个月动作不断但公司稳定可靠，此举措可能更多是为保障运营和服务会员，对投资者而言可能只是新闻性大于重要性 [1][6][7] 公司近期重大事件 - 克雷格·杰利内克卸任首席执行官，罗恩·瓦克里斯接任 [2] - 公司发放15美元特别股息 [2] - 首席财务官理查德·加兰蒂卸任，加里·米勒奇普接任 [2] - 公司宣布备受期待的费用上调 [2] - 公司在官网宣布将在所有门店安装刷卡机以打击会员共享 [2] 公司盈利模式 - 会员制是公司运营模式的关键，会员每年支付60美元购物特权费，9月起普通会员费涨至65美元，高级会员费涨至130美元 [3] - 公司产品加价率低，仓库维护成本低，主要收入来自会员费，通过为会员提供价值保持高销量 [3] - 第三财季（截至5月12日）销售额585亿美元，其中会员费11亿美元，毛利率10.8%，净利润17亿美元 [3] 打击会员共享原因 - 公司已有机制阻止非会员进店，但电商是主要增长动力，许多门店安装自助收银台，非会员可绕过入口购物结账 [4] - 疫情期间会员共享增多，公司执行规则较宽松，如今自助收银台普及且无需向收银员出示会员卡，会员共享更猖獗 [4] - 管理层处理会员投诉，此前试点项目显示打击会员共享带来的新会员注册收入高于拒绝非会员的损失，且这是运营“卫生”问题 [5] 举措影响分析 - 此举措并非因公司缺钱，会员和续约情况一直良好，第三财季美加续约率微升至93%，付费家庭会员同比增长7.8% [6] - 可能是为保障运营顺畅和为会员提供价值，也可能与管理层变动有关 [6]

The U.S. economy is likely expanding significantly, as the Federal Reserve is now predicting that the economy will grow by a strong, seasonally adjusted, annualized rate of 2.9% above inflation during the current quarter. Still, the U.S. unemployment rate surged to 4.3% in July — up from 4.1% in June. The savings rate tumbled to 3.4% of after-tax income in June 2024 from 4.8% during the same period a year earlier. Further, multiple, major companies, including Disney (NYSE:DIS), Macy’s (NYSE:M), and Amazon ( ...

文章核心观点 - 美国商务部报告称6月零售销售持平,表明经济未陷入衰退,消费者基础稳健,支持第二季度经济增长的积极前景 [1][2][3] - 5月零售销售数据上修,未改变联储9月可能开始降息的预期,缓解了经济大幅放缓的担忧 [2] 行业总结 - 零售行业整体保持稳定,6月同比增长2.3% [4] 公司总结 Costco (COST) - Costco会员制模式、批发销售和注重性价比吸引忠实客户群,成本控制提升盈利能力,为零售股提供稳定和长期增长潜力 [6] - Costco宣布提高美加地区会员费,这是自2017年以来的首次调整,标准会员费从60美元涨至65美元,高级会员费从120美元涨至130美元 [7][8][9] - 会员费调整是Costco增加收入、为会员提供更多优惠的策略,是投资者长期持有COST的另一原因 [10] Target (TGT) - Target产品线广泛,线上业务强劲,吸引多元消费群体,私有品牌和创新门店布局提升客户忠诚度,是零售板块的不错投资标的 [11] - 花旗银行上调Target评级至买入,预计2024财年EBIT利润率有改善空间,认为Target在零售行业地位稳固 [12][13][14] Dick's Sporting Goods (DKS) - DKS是运动用品零售行业的领军企业,受益于健康和健身需求增长,全渠道布局、强大品牌合作和独家产品提供竞争优势,是零售板块的不错投资机会 [16] - DKS一季度可比销售增长5.3%,超出分析师预期,全年盈利指引上调,预计可比销售增2%-3% [17][19][20]

文章核心观点 - 尽管Costco近年来股价表现出色,但作者预测未来5年内Costco将会低于标准普尔500指数的表现 [3] - Costco是一家优质企业,具有规模优势和会员制模式带来的高利润和稳定收入 [4][5][6][7] - 但Costco当前的估值过高,市场已经将其未来发展前景完全反映在股价中,缺乏安全边际 [8][9][10][11] - 即使Costco过去10年股价大涨,但未来5年内估值倍数很可能会下降,这将成为股价上涨的阻力 [12][13][14] 公司概况 - Costco是全球第三大零售商,拥有规模优势和强大的议价能力,能够为顾客提供低价商品 [5] - Costco的会员制模式带来了高利润、经常性和可预测的收入,会员续订率高达90.5% [6] - 著名投资者查理·芒格曾表示"我喜欢Costco的一切,我永远不会卖出一股" [7] 估值分析 - Costco当前的市盈率为52.9,这是其历史最高水平,市场已经完全反映了其未来发展前景 [9][10] - 即使Costco未来5年内每股收益以10.7%的年复合增长率增长,这也是一家成熟的大型企业,增速很可能会有所放缓 [11] - 过去10年Costco的市盈率已经翻倍,未来5年内很难再有类似的估值扩张,反而可能会出现估值下降 [12][13] - 估值下降将成为Costco未来5年内股价表现低于大盘的重要因素 [14]