Costco Wholesale Insider Sold Shares Worth $1,793,426, According to a Recent SEC Filing
Is american spending slowing down? The largest retail industry organization has issued a warning that the growth rate of year-end holiday consumer spending is slowing down.
The National Retail Federation predicts that while the total spending for the upcoming holiday shopping season will reach a new high, high inflation continues to erode consumer purchasing power. The growth rate of this year's most important holiday sales will be lower than last year, and household spending will be more cautious. Consumer spending is a key pillar of the US economy, and insufficient consumer purchasing power may lead to a pessimistic outlook on the economy.
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(COST) - Analyzing Costco Wholesale's Short Interest
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Costco's Strong September Sales Signal Continued Market Dominance
After eight weeks of selling off, the hedge fund bought back US stocks, achieving the fastest speed since 2021.
The US stock market is currently experiencing active buying and market growth, but the market's high valuation is a concerning issue that may trigger future adjustments.
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Costco Stock (COST) Offers No Meaningful Appeal at the Current Price
BofA Securities Maintains Costco(COST.US) With Buy Rating, Maintains Target Price $972
A Quick Look at Today's Ratings for Costco(COST.US), With a Forecast Between $935 to $1,050