COST

Lessons from Netflix for all consumer stocks

Lessons from Netflix for all consumer stocks

In this post let me take another step back to look at the one of the larger economic forces revealed by the Netflix miss. I’d argue that the Nexflix miss should put pricing power and questions of what price increases will hurt demand up near the top of your stock picking check list. Especially since the streaming service’ loss of 200,000 subscribers this quarter and the ported loss of 2 million subscribers next quarter qualifies as just the first shoe to drop.

Tesla to split so it’s time to buy Costco

Tesla to split so it’s time to buy Costco

Tesla (TSLA) announced today that it will ask shareholders for permission to split its stock. No news yet on what the ratio of the split will be, but on the news shares of Tesla were up 8.03% at the close today, March 28, to $1,091.84.That split comes on the heels of splits from Amazon (AMZN) and Alphabet (GOOG). Which leads me to conclude that it’s time to buy shares of Costco Warehouse (COST).