Costco Breaking Out on its Fifth Attempt (COST)
Everyone’s favorite home for 5 lb. cracker bags, 50 rolls of TP, and grab-bag inventory, Costco is finally breaking through the $50 level that has plagued shares since the beginning of the March rally. On no less than 5 separate occasions, shares of this low-beta name have pushed strongly from the $46 level towards $50, [...]
Adding Safeway, Costco to Secular Trends Portfolio (SWY, COST)
I’ve been watching Safeway decline for long enough, and will be adding to the Secular Trends Portfolio with a 2.5% position (1020 shares) at $23.92. I also can’t resist at least nibbling on Costco (COST) heading into the fourth quarter. Buying into a 1.5% position (235 shares) at $64.54; the Costco thesis is laid out [...]




