30 May Watchlist 👀
Today we are watching…
1. Costco (#costco)
US discount retailer, Costco, is looking good ahead of its earnings announcement today. The company has outperformed its industry so far this year, rising 18% thanks to some solid e-commerce and comparable sales growth. The first quarter has been good for retailers, with the majority of Costco’s close rivals beating estimates, leading analysts to believe that Costco may follow in their footsteps. Costco’s announcement will come after today’s trading session closes – make sure you don’t miss it!
2. Dollar General (#dollarg)
Another US Discount retailer, Dollar General, is also on the earnings chopping block today, and analysts are also cautiously optimistic about its chances of beating estimates. The company’s efforts to decrease costs while increasing operational efficiency have paid dividends this quarter, which will likely filter through positively into this report. Moreover, the expansion of its store footprint into convenient locations is set to drive solid performance to come in 2019. Keep your eye on this one!
Invstr is a technology platform, not a registered broker-dealer or investment adviser. Invstr does not offer its own recommendations of any security or provide its own research to any user regarding any security transaction or order.
Please note, investing involves risk and investments may lose value. Past performance does not guarantee future results.
Brokerage services are provided by the following:
US-traded securities, including fractional trading, are provided to Invstr users by DriveWealth LLC, a regulated member of FINRA/SIPC. DriveWealth may not establish investment accounts to residents of certain jurisdictions. For more information, including disclaimers, risk and transaction fees click here.