Costco (COST - Free Report) is a wholesale retail company with a market cap of $130 billion. The shares have been on fire for this primarily brick-and-mortar retailer, with the stock price appreciating 44% since the beginning of the year. In July (four weeks ending August 4th) Costco demonstrated sales of $11.43 billion up roughly 8% from the same period last year. Comp sales were up 5.6% in July with its e-commerce segment exhibiting an over 21% expansion. These are very robust growth figures, with anything over 3% topline appreciation in an established retail firm considered healthy. COST is a reliable retail stock trading at a forward P/E of 36.6x.
HubSpot (HUBS - Free Report) is an enterprise cloud company with a tremendous amount of growth potential. The company services 65,000 customers across 100 countries. HubSpot has illustrated a topline CAGR of 42% since it went public 5 years ago, with its international CAGR being 62%. This growth is estimated to continue with sales expected to appreciate 30% this year and 24% next. HubSpot’s goal is to create a seamless customer experience that allows businesses to “grow better”. Their target customers are small to medium-sized businesses with tremendous growth potential. HUBS analysts continue to be impressed with this firm’s outperformance, revising EPS estimated up and propelling this stock into a Zacks Rank #2 (Buy).
Should these two companies be on your investing short list? Find out in this week’s video.
Legalizing THIS Could Be Even Bigger than Marijuana
Americans spend an estimated $150 billion in this industry every year… more than twice as much as they
spend on marijuana.
Now that 8 states have fully-legalized it (with several more states following close behind), Zacks has
identified 5 stocks that could soar in response to the powerful demand. One industry insider described
the future as “mind-blowing” – and early investors can still get in ahead of the surge.
See these 5 “sin stocks” now >>