Nvidia Is Now Part of $3 Trillion Market Cap Club
Nvidia has become the third company ever to have a market cap greater than $3 trillion. And now, Nvidia is pivoting to the next AI frontier it plans to conquer. This recent move is valued at $1 trillion... at least. A small handful of Nvidia's other partners could see their own stocks benefit from it.
| Open | 855 | Prev Close | 862.66 |
| High | 863.52 | Low | 855.00 |
| Volume | 0 | Volume (Avg) | 1,772,555 |
| 52 Week High | 387.31 | 52 Week Low | 269.07 |
| Market Cap | 142.9B | PE Ratio | 53.32 |
General
| Name | Costco Wholesale Corporation |
| Ticker | COST |
| Exchange | NASDAQ |
| Sector | Consumer Defensive |
| Industry | Discount Stores |
| Currency | USD |
| Country | USA |
| Fiscal Year End | September |
| Full Time Employees | 156,000 |
About Costco Wholesale Corporation
Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. It offers branded and private-label products in a range of merchandise categories. The company provides dry and packaged foods, and groceries; snack foods, candies, alcoholic and nonalcoholic beverages, and cleaning supplies; appliances, electronics, health and beauty aids, hardware, and garden and patio products; meat, bakery, and deli products, as well as produce; and apparel and small appliances. It also operates pharmacies, optical dispensing centers, food courts, and hearing-aid centers, as well as 615 gas stations; and offers business delivery, travel, same-day grocery, and various other services online in various countries. As of October 07, 2020, the company operated 796 warehouses, including 552 in the United States and Puerto Rico, 102 in Canada, 39 in Mexico, 29 in the United Kingdom, 27 in Japan, 16 in South Korea, 13 in Taiwan, 12 in Australia, 3 in Spain, 1 in Iceland, 1 in France, and 1 in China. It also operates e-commerce websites in the United States, Canada, the United Kingdom, Mexico, South Korea, Taiwan, Japan, and Australia. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.
Highlights
| Analyst Target | 380.77 |
| Market Cap | 142,929,641,472 |
| PE Ratio | 53.32 |
| PEG Ratio | 3.40 |
| EBITDA | 8,173,000,192 |
Valuation
| Trailing PE | 33.03 |
| Forward PE | 32.05 |
| Price/Sales (Trailing 12 Mt.) | 0.82 |
| Price/Book (Most Recent Quarter) | 9.51 |
Technicals
| Beta | 0.64 |
| 52 Week High | 387.31 |
| 52 Week Low | 269.07 |
| 50 Day Average | 341.33 |
| 200 Day Average | 360.02 |
Dividend
Costco Wholesale Corporation pays out a dividend of $2.80 per share, with a dividend yield of 0.48%.
COST's last dividend payment was made to shareholders on February 19, 2021.
They pay out 101.09% of their earnings out as a dividend.
Recent Dividends
| May 10, 2024 | $1.16 |
| Feb 16, 2024 | $1.02 |
| Jan 12, 2024 | $15 |
| Nov 17, 2023 | $1.02 |
| Sep 8, 2023 | $1.02 |
| May 19, 2023 | $1.02 |
| Feb 17, 2023 | $0.90 |
| Nov 10, 2022 | $0.90 |
8 Large Cap Stocks That Outperformed Nvidia Over The Past Year
Nvidia surged 217.58% over the past year, 173.78% year-to-date. Here are eight large-cap stocks that outperformed it this past year.
Cathie Wood-Led Ark Invest Dumps $4.3M Worth Of Nvidia Shares Amid Rebound -- Swoops Into Buy Stock Of This Netflix Rival
On Tuesday, June 25, 2024, Cathie Wood-led Ark Invest made significant trades in NVIDIA Corp (NASDAQ:NVDA) and Roku Inc (NASDAQ:ROKU), amidst considerable market volatility.
What Is Nvidia's New $1 Trillion Superproject? - Ad
While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.
Elon Musk Says Donald Trump Calls Him For No Reason: 'I Don't Know Why'
Tesla CEO Elon Musk unveiled details of his interactions with former President Donald Trump during the company's shareholder meeting.
XPeng's Flying Car Takes Off In China, Aims For Commercialization By End Of The Year
China's XPeng Inc. successfully showed off its flying car, the X2, at a trade fair, signaling a push towards commercialization in the low-altitude economy.
Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad
In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."
Top 3 Materials Stocks That May Explode In Q2
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
Biden In Trouble: Trump Dominates Swing States, Ties In New Battleground State Won By Democrats In 12 Straight Presidential Elections
A new 2024 election poll makes a change to what the top seven swing states are. The move and poll results could have Joe Biden worried.
The 7th Trillion Dollar Company? - Ad
There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.
Capcom's Street Fighter Film Locked For 2026 Despite Director Shift
Sony Pictures announces the release date for the new Street Fighter movie. Get the updates on Capcom's video game adaptation
E-commerce's Ascent Stalls As One Sub-Segment Grows By Over 100%: Report
COVID-19 accelerated shift to online shopping, with luxury, cosmetics & fashion seeing growth. Inflation affected e-commerce, but Temu & Olive Young thrived. BTS & Korean culture drove popularity.
The World's First Trillion Dollar Drug - Ad
By 2030, Wall Street experts predict it could generate more revenue than the top 10 best-selling drugs... combined. Early investors stand to reap tremendous rewards as its growth surges 75,000% by 2030. Former hedge fund manager Ian King predicts this could become the world's first trillion-dollar drug. And he's recommending 3 little-known stocks to play this fast-moving trend.
Why Nike Shares Are Falling Today
Nike shares plummet nearly 15% premarket as fiscal 2025 revenue outlook disappoints amid challenges in digital sales and Greater China market.
Pilgrim's Pride Set For Growth As Analyst Projects Rising Demand For Chicken
Pilgrim's Pride benefits from high demand for chicken. Analyst gives Buy rating with $41 price target.
Exposed: 3 Cent Crypto to Explode July 22nd? - Ad
Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on June 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.
Palantir, Mustang Bio, DraftKings, Micron, Tesla: Why These 5 Stocks Are On Investors' Radars Today
On Monday, major U.S. indices saw gains, with the Dow Jones Industrial Average closing nearly 0.5% higher at 38,778.10.
California Democrats agree to delay health care worker minimum wage increase to help balance budget
SACRAMENTO, Calif. (AP) — Democrats in California have agreed to delay a for about 426,000 health care workers to help balance the state's budget.
Nvidia Is Pivoting to Solve Big Tech's $1 Trillion Problem - Ad
Nvidia is the hottest company in the world thanks to its chip business. But here's the thing: Nvidia is making a massive $1 trillion pivot ... To solve AI's biggest problem. But it's not making this move by itself. A new set of companies are partnering with Nvidia in this trillion-dollar venture.
Bitcoin Fails To Get A Mention In The Fiery Trump-Biden Presidential Debate, Coins Themed Around The Two Tumble
The first 2024 presidential debate between incumbent Joe Biden and challenger Donald Trump turned out to be a dampener for cryptocurrency enthusiasts, with no mention of Bitcoin (CRYPTO: BTC) or significant policy issues surrounding what many anticipated to be a key election to
65% Of New Hampshire Residents Support Legalizing Adult-Use Cannabis, New Poll Shows
New Hampshire poll shows 65% support for recreational cannabis legalization despite legislative setbacks. Public opinion pushes for reform.
"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad
The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."
Akio Toyoda, grandson of Toyota founder, wins shareholders' approval to stay in leadership
TOKYO (AP) — Toyota shareholders voted Tuesday , grandson of the Japanese automaker’s founder, as chairman on the board.
Snowline Gold's Valley Deposit Emerges As High-Grade Gold Resource In Yukon
Snowline Gold Corp announces highly anticipated initial assessment for Valley deposit in Yukon Territory, Canada, with significant potential for growth and future development.
Biden Out By August 19? - Ad
A former CIA insider just announced a disturbing prediction... Biden will withdraw as the Democrat nominee before August 19. This former CIA advisor says the Dems already have Biden's replacement -- a shadow candidate hand-selected to defeat Trump.
Ford's F-150 Lightning-Based Supertruck To Climb Pikes Peak Over Weekend, Keeping Up With Model T Legacy
Ford's electric F-150 Lightning supertruck will compete at Pikes Peak on June 23, testing EV powertrains for future production vehicles.
Apple Chip Veteran Joins Sam Altman-Backed AI Startup To Lead Hardware Engineering
Rain AI, a San Francisco-based startup, has appointed a former Apple Inc. chip executive to head its hardware engineering division. The new hire is expected to play a crucial role in the company's quest to develop innovative semiconductors for artificial intelligence.
Big Tech Is Spending Billions Each Month on This AI Superproject - Ad
Big Tech is committing billions each month to the construction of these AI mega data centers. This is where Nvidia, comes in. It's quietly leaning on a set of what we call Silent Partners to get the job done. These companies could benefit greatly from this next wave of the AI boom.
Chinese premier focuses on critical minerals and clean energy during Australian visit
MELBOURNE, Australia (AP) — Chinese Premier ends his Australian tour on Tuesday in the west coast city of Perth where he will focus on China’s investment in critical minerals and clean energy.
Hawaii: Cannabis Decriminalization Bill Fails Amid Unified Legislative Opposition
The cannabis decriminalization bill, SB2487, faced rejection from both supporters and detractors in Hawaii's state legislature
July 29 Deadline: The No. 1 Monthly Dividend ETF - Ad
It's paying 161% bigger dividends than aristocrats, and it's up 5.62% since making its newest announcement. If you add it to your portfolio before July 29, you'll secure a payout of $2.05 PER SHARE!
What's Going On With Ocean Power Technologies Stock After Hours?
Ocean Power Technologies said it signed an Original Equipment Manufacturer agreement with Teledyne Marine, a division of Teledyne Technologies in an effort to to enhance Ocean Power's product offerings and drive innovation within the industry.
GameStop's Short Squeeze Anniversary: A Look Back At David Vs. Goliath Battle And What's Next (CORRECTED)
Editor’s Note: This article was originally published on January 13, 2023, and has been updated to remove a reference to Citadel Securities.
The Presidential Candidate You Should Really Be Worried About - Ad
Most Americans are overlooking the seemingly impossible candidate that should worry you. It's not Biden... Trump... Newsom... or even Michelle. It's someone even worse. New evidence of a secret plan indicates he could soon return, and finish what he started.
What's Going On With Archer Aviation Stock?
Archer Aviation shares are trading higher Friday. The company announced a planned air mobility network in the San Francisco Bay Area on Thursday. Here's a look at what to know:
Following Debate, Latest Poll Among Democrats Signals Major Trouble For Joe Biden — Although There's One Silver Lining
According to a recent poll, a majority of voters have expressed their belief that President Joe Biden should be replaced as the Democratic candidate.
What's the Big Thing Musk, Bezos and Tim Cook All Have in Common? - Ad
One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.
Groundbreaking Fentanyl Vaccine Being Developed To Prevent Fatal Overdoses, Startup Secures $10M
The initiative focuses on commercializing academic research aimed at preventing deadly fentanyl from reaching the brain.
So long plastic air pillows: Amazon shifting to recycled paper filling for packages in North America
Amazon is shifting from the plastic air pillows used for packaging in North America to recycled paper because it's more environmentally sound, and it says paper just works better.
The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad
This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".
Verizon, AT&T, And T-Mobile Set For Gains, Goldman Sachs Cites AI and Data Center Demand
Goldman Sachs analyst James Schneider initiates coverage on US Telecom Services and infrastructure sector, constructive on wireless carriers and data centers.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.