A Falling USD and Lower Shipping Costs Could Boost Costco (COST)
Costco’s (COST) profits have been hampered recently by a strong US Dollar and high shipping costs, and now both are falling.
Costco’s (COST) profits have been hampered recently by a strong US Dollar and high shipping costs, and now both are falling.
TJX (TJX) stock has been hot lately as investors look ahead to more normalized profit growth (12% or so) in the upcoming quarters.
Home Depot i(HD) is getting a boost from home improvement projects, and lower interest rates should lead to more project demand.
Dollar General (DG) is embracing the budget-focused consumer who are under financial pressures due to high inflation.
Starbucks (SBUX) seems to be back on the road to high-teens annual profit growth. And a pick up in China could be the catalyst.
Interest rates are high, and the housing market is weak. Still, homebuilder DR Horton (DHI) is up as profits are et to decline in 2023.
Merck (MRK) is the perfect stock for a Bear Market. Investors know this, that’s why the drug stock is doing so well right now.
Target (TGT) was having high inventory issues. Now the company has issues with a struggling consumer as well as shoplifters.
Visa (V) continues to see cross-border travel returning to normal after COVID, and China reopening could be a catalyst in 2023.
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Old Dominion (ODFL) is a well-run trucking company that continues to deliver solid results. But a recession could hamper results.
Grainger (GWW) is growing revenue briskly (+17% last qtr) while profit margins are improving. That’s a recipe for good profits.
Booking (BKNG) isn’t seeing a poor economy for travel. In fact, business is getting better as its seeing strong bookings for 2023 Q1.