The Surprising Business Driving Costco's Growth in 2024
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 14 October 2024
⏱️ 46 minutes
🧾️ Download transcript
Summary
Costco is well-positioned for ongoing success as it is experiencing impressive growth, largely thanks to its booming e-commerce sector and the rising demand for convenience among shoppers.
Today's Stocks & Topics: REZ - iShares Residential & Multisector Real Estate ETF, Market Wrap, WMS - Advanced Drainage Systems Inc., SSNC - SS&C Technologies Holdings Inc., SIRI - Sirius XM Holdings Inc., The Surprising Business Driving Costco's Growth in 2024, GILD - Gilead Sciences Inc., BAX - Baxter International Inc., The Fed's Data Dependency, Investing in Industrials, UPST - Upstart Holdings Inc., China, HIFS - Hingham Institution for Savings, SBRA - Sabra Healthcare REIT Inc.
Our Sponsors:
* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com
* Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me
* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai
* Check out Progressive: https://www.progressive.com
* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com
* Check out Scribe and use my code scribe.how/invest for a great deal: https://scribe.com
* Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com
* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.com
Advertising Inquiries: https://redcircle.com/brands
Transcript
Click on a timestamp to play from that location
| 0:00.0 | On radio, on YouTube, streaming live on Invest Talk. |
| 0:05.0 | And for our podcast subscribers, this is Invest Talk. |
| 0:12.0 | Invest Talk. Independent thinking, shared success. |
| 0:17.0 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm serving clients throughout the United States. |
| 0:27.0 | Here is KPP Financial portfolio manager Luke Guerrero. Good afternoon fellow investors and welcome back to Invest Talk. I'm excited to |
| 0:38.9 | start another week in October. My name is Lukerero and today is Monday, October 14th, 2024 and I love |
| 0:46.8 | October for many reasons. The weather, you know most people in Southern California they really |
| 0:52.0 | like the heat they like the summer. I'm of a fall guy I like sweatshirt weather so |
| 0:55.6 | Weather starts to turn we head into the last quarter of 2024 in this case |
| 1:01.6 | playoff baseball I love playoff baseball. |
| 1:04.0 | And we head closer to the holidays. |
| 1:07.0 | Now this is a particularly special |
| 1:11.0 | 2024. It's an election year. There's a lot going on in the world and all of these things as we |
| 1:15.3 | add and head towards the end of 2024 are going to have some sort of impact on markets. |
| 1:22.3 | And so we come here and we listen, we learn, |
| 1:25.1 | and most importantly, we guide the conversation |
| 1:28.2 | through your finance and investment questions. |
| 1:32.2 | Now we have a lot of educational and actionable material to go over today and of course, as I mentioned, your questions are the most important part of this show. |
| 1:40.0 | But before we run down today's market performance and go over what those show topics will be. |
| 1:45.0 | Let's answer our first caller question. |
| 1:49.0 | I have about a 10% position in an intermediate term bond funds. |
| 1:54.0 | I'm retired. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.