Dividend growth stocks have historically been top performers. Hershey has an 11.9% five-year dividend growth rate with a 2.83% yield.
Costco (COST) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Consumer staples firms produce the essential goods and services that typically benefit from consistent overall demand. It is that consistent performance that generally makes consumer staples stocks recession-resistant.
To position to buy Costco stock at below-market prices, investors could consider selling cash-secured put options, provided they are willing to warehouse shares for at least three to five years.
Costco has $4.6 billion in net cash. The wholesale retailer has a history of growing dividends and intermediate special cash dividends.
Investors were eagerly waiting for Costco to increase its membership fee, but the company kept delaying the decision. After over a year speculation of a fee hike, Costco finally raised its membership fee. The impact of this additional revenue should be carefully understood, as it changes a few important ways to value the stock.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Costco's membership fees account for a major part of its profits. It just announced a price increase, which is good news for investors.
Costco Wholesale Corp. (COST, Financial) has been an investing darling for as long as I can remember. It has also been a darling for shoppers as they have some of the strongest brand loyalty in the market.
Costco's latest membership fee hike doesn't even come close to making up for inflation. Should they have done more?
Costco is looking toward technology to improve the customer experience at its brick-and-mortar and online stores without significantly changing the retail giant's business strategy, the company's CFO said.
Stock splits continue to be one of the major themes in the market this year. Shoemaker Deckers Outdoor (NYSE: DECK ) just announced a six-for-one stock split that will take effect on Sept.