Chart of the Day - Costco Wholesale (COST)

The "Chart of the Day" is Costco Wholesale (COST), which showed up on Monday's Barchart "All Time High" list. Costco on Monday posted a new all-time high of $92.10 and closed up 1.15%. TrendSpotter has been Long since Feb 3 at $85.36. In recent news on the stock, William Blair on March 5 upgraded Costco to Outperform from Market Perform. Costco on Feb 29 reported fiscal Q2 EPS at 90 cents, above the consensus of 87 cents. Costco, with a market cap of $39 billion, operates membership warehouses based on the concept that offering members very low prices on a limited selection of nationally branded and selected private label products in a wide range of merchandise categories will produce high sales volumes and rapid inventory turnover.