Costco (COST) Offering Possible 23.46% Return Over the Next 23 Calendar Days

Costco's most recent trend suggests a bullish bias. One trading opportunity on Costco is a Bull Put Spread using a strike $235.00 short put and a strike $230.00 long put offers a potential 23.46% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $235.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock dropped below the $230.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Costco is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Costco is bullish.

The RSI indicator is at 77.46 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Costco

Costco vs. Sam's Club: What's the Difference?
Mon, 25 Mar 2019 09:16:24 +0000
Big retailers like Walmart Inc. (WMT) and Target Corp. (TGT) use low prices to draw in customers, but this is not a model that works for everyone. Other retailers must find different ways to drive consumers to their businesses. We see those that focus on healthy foods, locally grown or made products, specialty niche stores, those that only carry high-end brands, those that only carry low-end brands, and in the case of Costco Wholesale Corp. (COST) and Walmart unit Sam’s Club, those that only sell in bulk. Costco is considered the original bulk retailer.

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And today's manufacturing PMI sliding to 21-month lows reinforces that. * 7 Beaten-Up Stocks to Buy as They Reverse Course But the 7 A-rated stocks for Q2 that follow will be top performers because they're best in class stocks in well-performing sectors. CyberArk Software (CYBR)Source: Shutterstock CyberArk Software (NASDAQ:CYBR) is a cybersecurity company that's based out of Israel but has clients all over the globe. Its claim to fame is its privileged-access security software. Privileged accounts are the most secure properties that exist in most organizations. And when those organizations are storing very critical data like financial institutions, healthcare companies, utilities and other enterprise organizations that have significant amounts of these types of accounts, it's crucial that they're secure internally and externally.And this is CYBR does. 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It tends to reflect the broader economy, so when the economy is chugging along, so is COST. But in December, it hit the same wall most consumer stocks did.Worries about growth moving forward and all the feel-good valuations up to that point disintegrated.However, COST came roaring back like it was a beaten down semiconductor stock.At this point, its 12-month return is 32% and its trailing P/E is 31. COST should have a strong year, with decent growth ahead and wages improving. That means more people shopping and spending. Mastercard (MA)Source: Hakan Dahlstrom via Flickr (Modified) Mastercard (NYSE: MA) is one of the leading and oldest payment processing companies out there. Now, a decade ago, I would have likely called it a credit card company. My how the world has changed. Granted, MA got started as Interbank in 1966 and landed on its current incarnation in 1979. Remember, back then, if you were traveling, you couldn't just whip out a card and buy things. 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Also, given its name, most of this land was in west Texas on the way to the Pacific.At the time of its demise, the railway owned 3.5 million acres that was transferred to TPL. Today, TPL still holds about 900,000 acres of this land, which still makes it one of the largest landholders in Texas today.Fundamentally, TPL leases the land to companies that are either energy firms (not just oil and natural gas but wind and solar farms as well) or water companies and it takes those rents as its revenues.This is a solid business in slow times. But in good times — like now — it promises some big gains. TPL is up 47% in the past year and 71% in just the past 3 months, so momentum is growing significantly in 2019.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. 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The Costco Stock Juggernaut Can Keep Rolling Ahead, Analyst Says
Fri, 22 Mar 2019 16:11:00 +0000
Costco Wholesale stock has long been a standout in the retail space, and UBS says that trend shows no signs of slowing down.

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