Costco has been in a steady rise since early November because its christmas season, except for Nov.16 and Nov.29 it had a drop relatively bigger than usual. On Nov.16 the stocks market was all down .Until Nov.10 Costco was following the similar patter as the Dow Jones, but on Nov.10 Costco separated itself from the Dow and raised while the Dow decreased. The NASDAQ pattern is similar to the Dow's. Target (TGT) started to raise in a similar fashion as Costco, but Target has increase higher than Costco; however, Walmart (WMT) although in a similar fashion kept lower gains than Costco.
Even until now the stocks price for Costco is still rising. COST posted a strong first quarter, bolstered by their 50% ownership in a Mexico Joint Venture. The Costco Q1 profit jumped 17% (released on Dec.8.2010.) -- Link for this article
Overall COST is a good company to invest in right before Christmas season, Thanksgiving, New Years and all the other shopping season for groceries.
block 3 business
Wednesday, December 15, 2010
Wednesday, December 1, 2010
assignment 2
Belle K block.3 Dec.1.2010
Costco (COST)
OPEN: 68.21
DAY HIGH:68.80
DAY LOW:68.01
ASSOCIATED STOCK EXCHANGE PERCENTAGE CHANGE:
nasdaq 2.20
dow jones 2.31
SECTOR PERCENTAGE CHANGE: 1.76
SOURCE this link goes to google finance
RELATED ARTICLE
SUMMERY: Costco's 50 day moving average is currently set at $64.54. We can current calculated support levels at $67.61 and resistance level at $67.61, buyers should consider this when buying Costco stocks.If I had Costco stocks I well sell it before it drops,but currently I do not own any Costco stocks, and I'm not going to buy any because its too expensive at the moment.
This link goes to the article
RELATIVE COMPANIES
Monday, November 29, 2010
Assignment 1 costco (COST)
Belle K. block 3 doing COSTCO
costco(COST)
traded in NASDAQ
in SERVICE sector
HEAD OFFICE IN: 999 Lake Drive
Issaquah, WA 98027
United States
COSTCO IS A wholesale Corporation (Costco) that operates membership warehouses, and offer its members low prices on a limited selection of branded and selected private-label products in a range of merchandise categories
costco(COST)
traded in NASDAQ
in SERVICE sector
HEAD OFFICE IN: 999 Lake Drive
Issaquah, WA 98027
United States
COSTCO IS A wholesale Corporation (Costco) that operates membership warehouses, and offer its members low prices on a limited selection of branded and selected private-label products in a range of merchandise categories
52 WEEK HIGH: 68.00
52 WEEK LOW: 53.41
Subscribe to:
Posts (Atom)