05 March Watchlist 👀

 

Today we are watching…

1. Costco Wholesale (#costco)

Costco is one of the few companies that investors can buy which may have gained from the coronavirus outbreak. While the rest of the commercial world is gripped by a dual supply-demand shock, analysts suspect Costco has seen boosted foot fall from worried customers looking to bulk order certain goods. The big-box retailer isn’t too exposed to Chinese manufacturing, so it can meet demand from folks wanting to stock up for the zombie apocalypse. Analyst Rupesh Parikh of Oppenheimer blessed Costco with “good management, long-term prospects, growth, and consistent shareholder returns.” He has a price target of $335, and profit per share estimates for today’s figures stand at $2.06 on $38 billion in revenue.  

2. Toyota (#toyota)

Titan of the automotive industry Toyota has recalled over three million vehicles on suspicions of faulty gas pumps that could cause engine stalls and crashes. Its stock didn’t farewell. Repair work and compensation wipe out profit margins on those cars, three million being 30% of all production in a given year. This also bad for reputation, and car companies live and die on their reputations. Customers won’t consider repeat purchases if bad memories haunt them about reliability. You’ve bought a car, and then it’s been taken away! Toyota recalled 2.9 million cars in January relating to airbag flaws. Is there a major problem under the bonnet of this Japanese company?

Share:

More Posts

Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community.The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results.Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such.Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.