With the Market Sliding, Costco Is Worth Every Dollar of $1,000
Key takeaways
- The two most popular market indexes declined 2% to 5%.
- The country's leading warehouse club operator isn't just recession-resistant.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
COST NVDA The market had a challenging week. The two most popular market indexes declined 2% to 5%. It's still been a winning year for many investors, but if the market continues to slide this summer, you might want to warm up to some stocks that can do well in a dicey market environment.
Costco (NASDAQ: COST) scratches that itch. The country's leading warehouse club operator isn't just recession-resistant. At its best, the chain can also be recession-resilient. Let's take a closer look at why Costco could be worth every dollar of the next $1,000 you put to work in the market.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »