Costco Stock Breaks Out Past Buy Point, Reaches All-Time High

Blockhead11-09

Costco Wholesale (COST) and Insulet (PODD) both broke out of flat bases and reached highs Friday. Costco stock is on track for its sixth straight day of gains, while Insulet soared after the company's...

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Costco stock is on track for its sixth straight day of gains, while Insulet soared after the company's...</p>\n\n<a href=\"https://www.investors.com/stock-lists/new-highs/costco-stock-cost-insulet-podd/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Costco Stock Breaks Out Past Buy Point, Reaches All-Time High</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCostco Stock Breaks Out Past Buy Point, Reaches All-Time High\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-09 01:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/stock-lists/new-highs/costco-stock-cost-insulet-podd/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Costco Wholesale (COST) and Insulet (PODD) both broke out of flat bases and reached highs Friday. Costco stock is on track for its sixth straight day of gains, while Insulet soared after the company's...</p>\n\n<a href=\"https://www.investors.com/stock-lists/new-highs/costco-stock-cost-insulet-podd/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0820561818.USD","symbol_name":"安联收益及增长平衡基金Cl AM DIS","start_time":0,"source_url":"https://www.investors.com/stock-lists/new-highs/costco-stock-cost-insulet-podd/","article_id":"2482433135","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2018/10/Stock-Costco-05-shutt-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482433135","pubTimestamp":1731088504,"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"Costco stock hit a buy point as it continues its recent rally. An insulin pump maker soared to a yearlong high after the company's earnings report.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4588":"碎股","BK4550":"红杉资本持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","PODD":"银休特","LU1035775433.USD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (USD) INC","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","BK4551":"寇图资本持仓","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","BK4155":"大卖场与超市","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4581":"高盛持仓","IE0008368304.USD":"STEWART INVESTORS WORLDWIDE LEADERS SUSTAINABILITY FUND \"I\" (USD) ACC","LU2360106947.USD":"BGF NUTRITION \"A4\" (USD) INC","BK4504":"桥水持仓","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4596":"哈里斯概念","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0385154629.USD":"贝莱德营养科学基金A2","LU0079474960.USD":"联博美国增长基金A","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU0471298777.SGD":"Blackrock Nutrition A2 SGD-H","COST":"好市多","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU1069344957.HKD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (HKD) INC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","BK4585":"ETF&股票定投概念","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0471298694.HKD":"BGF NUTRITION \"A2\" (HKD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","BK4566":"资本集团","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4082":"医疗保健设备"},"translate_title":"Costco股价突破买入点，创历史新高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PODD":1,"COST":1},"content_text":"Costco Wholesale (COST) and Insulet (PODD) both broke out of flat bases and reached highs Friday. Costco stock is on track for its sixth straight day of gains, while Insulet soared after the company's earnings report.\nCostco shares climbed 1.6% Thursday after the wholesale warehouse retailer late Wednesday reported October sales that grew 7.2% over the year-ago period. The stock got another 3.7% boost Friday afternoon, after Bernstein raised its price target to 1,062 from 1,016. The stock hit an all-time high Friday.\n\n\n\n↑\nX\n\n\n\n\nHow To Buy Stocks: Earnings Gaps\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nHow To Buy Stocks: Earnings Gaps\n\n\n\n\nCostco Stock Breaks Out\nCostco rose past the 923.83 buy point Friday in heavy volume. Shares are in a 5% buy zone up to 970.02, according to MarketSurge pattern recognition.\nThe newly added IBD Leaderboard stock has climbed 43% so far this year, but its relative strength line hasn't kept up with the rise in the stock price.\nCostco reported better-than-expected fiscal fourth-quarter earnings but lower sales than views on Sept. 26. Profit growth decelerated to 6% from gains of 10% to 12% the previous three quarters. Likewise, revenue growth slipped to 1% from increases of 6% to 9% over the same time period.\nFiscal first-quarter earnings estimates call for another 6% increase before ramping up to 11% over the following two quarters. Sales are forecast to rise an average 7% over the next four quarters.\nInsulin Products Maker Soars On Earnings\n\nInsulet is extended after surging Friday and breaking out of a flat base with a 243.98 buy point in heavy volume. The stock gained around 12% Friday midday, rising to the highest point since early August 2023. Because the stock gapped above its buy point, the five-minute high of 275 can serve as a logical buy point.\nThe giant move came after Insulet crushed third-quarter adjusted earnings and sales estimates Friday. Its profit growth slowed to 27% on a 26% revenue lift. Insulet also guided 12% to 15% fourth-quarter sales growth and raised its full-year 2024 estimate to a 20% to 21% rise.\nFull-year 2024 profit estimates show a 31% increase then easing to 9% in 2025. Sales growth is projected to climb in the 13% to 18% range over the next four quarters, with a 22% bump in Q1 2025.\nInsulet's wearable pump, called a Pod, eliminates the need for multiple daily insulin injections for diabetics.\nFollow Kimberley Koenig for more stock market news on X/Twitter @IBD_KKoenig.\nYOU MAY ALSO LIKE:\nCathie Wood Biotech Holding, An IBD 50 Pick, Offers Buy Point | Stocks To Watch\nPower Equipment Stock Electrified With Profit Expected To Grow 2,400% | Stocks To Watch\nLooking For Market Insights? Check Out Our Live Daily Segment | Stocks To Watch\n3 Stocks Ready To Rally In Bullish IBD Screen; One Shows 400% Expected Growth | Stocks To Watch\nNvidia's 84% Expected Profit Growth Looms Large In S&P 500 | Stocks To Watch","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482433135"}