Costco Wholesale Corporation (COST - Free Report) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 9.6% in the past one-month time frame.
The company has seen four positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Costco. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Costco currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
Costco Wholesale Corporation Price
Investors interested in the Retail – Discount Stores industry may consider Target Corporation (TGT - Free Report) , which has a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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