COST Oct 2019 265.000 put

OPR - OPR Delayed Price. Currency in USD
13.95
0.00 (0.00%)
As of 1:58PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close13.95
Open14.00
Bid13.20
Ask13.45
Strike265.00
Expire Date2019-10-18
Day's Range13.95 - 14.00
Contract RangeN/A
Volume2
Open Interest27
  • 1 dead in Southern California Costco shooting
    CBS News Videos16 hours ago

    1 dead in Southern California Costco shooting

    One person was killed Friday night at a Southern California Costco when an off-duty police officer opened fire after an argument. Shoppers ran for their lives. Carter Evans reports.

  • Off-duty cop was at site of deadly California Costco shooting
    CBS News Videosyesterday

    Off-duty cop was at site of deadly California Costco shooting

    Police said one man was killed and others were injured after a deadly shooting broke out at a Costco in California. There was an off-duty cop inside the Costco, but it’s not clear what role they played in stopping the shooting. Nicole Comstock of Los Angeles’ KCBS-TV reports.

  • Barrons.comyesterday

    Bank of America’s Brian Moynihan and Other Growth Leaders on Our List of the World’s Best CEOs

    Under his leadership, the big bank has posted record profits and overcome the ugly legacy of its financial crisis-era missteps

  • Barrons.comyesterday

    Food Fight! Walmart, Costco, Amazon, and Kroger Are Duking It Out in the Aisles.

    Citigroup analyst Gregory Badishkanian isn’t ready to declare a victory in the grocery war, but he does have Buy ratings on Kroger, Walmart, and Amazon, and is Neutral on Costco.

  • Buy Kroger (KR) Stock Before Q1 Earnings as Amazon-Inspired Grocery Delivery Expands?
    Zacks2 days ago

    Buy Kroger (KR) Stock Before Q1 Earnings as Amazon-Inspired Grocery Delivery Expands?

    Overall, the first quarter has been relatively strong for retailers, so let's look at what investors should expect from Kroger to see if they should consider buying KR stock heading into its Q1 earnings release.

  • CBD Products May Offer the Competitive Edge to Move Kroger Stock Higher
    InvestorPlace3 days ago

    CBD Products May Offer the Competitive Edge to Move Kroger Stock Higher

    Shares of Kroger (NYSE:KR) have been struggling over the longer term, but have seen a boost over the past few weeks. Coming off a late-May low of $22.44, we've seen a quick 10% rally in Kroger stock.Source: Shutterstock There are a number of concerns tied to Kroger at this point, most of which all point to growth. Essentially, there are concerns about whether the company keep up with not only ecommerce pressures like Amazon (NASDAQ:AMZN), but also bricks-and-mortar competition like Walmart (NYSE:WMT), Costco Wholesale (NASDAQ:COST), Target (NYSE:TGT) and again, apparently Amazon in the future.Further, with inflation remaining stubbornly low, Kroger loses pricing power, which stifles revenue growth. The grocery game is a tough business, despite everyone needing to eat. That said, maybe Kroger can get its growth from somewhere new: Cannabis.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 High-Quality Cheap Stocks to Buy With $10 Kroger Stock and CBD ProductsWhen you can't find growth from traditional outlets, it's time to find new ways to generate sales. That becomes even more important when it involves products that consumers are interested in.As a result, Kroger will reportedly start selling CBD products in its stores. Keep in mind, Kroger is no small operator. The country's largest grocery chain now plans to sell CBD lotions and balms in its 945 stores across 17 U.S. states.The company joins CVS Health (NYSE:CVS) as retailers begin to embrace CBD and cannabis products. That's interesting for CVS, given that the company stopped selling cigarettes a few years back.In any regard, CVS, Kroger and other retailers are seeing that there are health and pain-management benefits to these types of products. Management is also recognizing that demand and discussion around these products from their customers are heating up, and therefore it makes sense to carry them in the stores.While there are still regulatory concerns about CBD products as cannabis is not legal at the federal level it's clear that we're moving toward a more welcoming environment. Should that trend continue, more retailers like Kroger and CVS will likely embrace the products too.It's also more likely that big consumer brands will partner with cannabis players like Canopy Growth (NYSE:CGC), New Age Beverages (NASDAQ:NBEV), Cronos Group (NYSE:CRON), etc. to create and market new products together.That may be another boost for Kroger stock down the line. Trading Kroger Stock Click to EnlargeThe question ultimately boils down to whether selling CBD products will help KR stock. The answer in the short term is, probably not. At least from a fundamental perspective.If Kroger were to perform a quick rollout to all of its 900+ stores, it's possible we would see a flood of demand. But until it becomes more than just lotions and balms, the effect will likely be limited on its top and bottom line.That's not so much due to a lack of demand from consumers, but more because KR is already forecast to generate $123 billion in sales this year.Estimates call for a 1.6% revenue boost in 2019 and a 2.7% increase in 2020 to $126.4 billion. Perhaps that 2020 number can inch higher if Kroger really kicks CBD sales into high gear.As for the charts, KR stock is trying with all its might to stay above the 50-day moving average and the 10-week moving average near $24.50. If it can, perhaps Kroger stock can make a push north of $25 and potentially send it back to the Q2 highs near $26. Just above is the 61.8% one-year retracement at $26.19.This $26 to $27 area has been significant for a number of years, as the chart above shows. While Kroger stock would still face an uphill challenge, clearing this level would be an important hurdle for the bulls.On the downside, losing the 20-week moving average likely puts $24 back on the table. If this level fails to buoy KR stock, then a retest of $22.50 and channel support is on the table.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AMZN. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post CBD Products May Offer the Competitive Edge to Move Kroger Stock Higher appeared first on InvestorPlace.

  • Hong Kong Protests Are a Big Risk to Markets
    Investopedia4 days ago

    Hong Kong Protests Are a Big Risk to Markets

    Investors are in a holding pattern ahead of the Fed meeting, while low gas prices are bad for refiners but good for consumer stocks.

  • Motley Fool4 days ago

    Wells Fargo’s CEO Search Continues

    Who would have thought that Wells Fargo would have a hard time filling the suddenly-vacated CEO role?

  • Carter's (CRI) Stock Displays Solid Momentum: Will it Sustain?
    Zacks4 days ago

    Carter's (CRI) Stock Displays Solid Momentum: Will it Sustain?

    Carter's (CRI) displays momentum on efforts to improve store productivity, boost e-commerce and enhance product offerings. However, loss of sales to Toys "R" Us and Bon-Ton stores remains a hurdle.

  • Costco (COST) Stellar Comps Shape Stock's Bullish Course
    Zacks4 days ago

    Costco (COST) Stellar Comps Shape Stock's Bullish Course

    In the changing retail landscape, Costco (COST) has been able to create a niche for itself on the back of growth strategies. These factors are aiding the company in sustaining impressive comparable sales run.

  • Target Stock Is Getting a Boost From Company’s Employee Benefits
    InvestorPlace4 days ago

    Target Stock Is Getting a Boost From Company’s Employee Benefits

    The U.S. is currently operating in one of the tightest employment markets in the history of corporate America. To attract and retain talent in this challenging HR environment, Target (NYSE:TGT) is providing additional benefits to its employees so that they can be more productive and happy at work. Source: Mike Mozart via Flickr (Modified)InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat's excellent news if you own Target stock. Here's why. The Sandwich GenerationIf you're in your late 40s or early 50s, it's possible that you are taking care of kids and aging parents. possibly all under one household. The strain that takes on people's physical and mental well-being is highly documented. * 7 Stocks to Buy for the Coming Recession The Washington Post published a guest column in May by a woman named Aimee Christian, who wrote about what self-care looks like for people in their late 40s and early 50s. Christian is married with two kids, one of whom has a significant disability; not only does she work full-time, but she also helps her mother deal with her father's various ailments, both in and out of the hospital. That's not an unusual situation these days. So, when a country finds itself in one of the tightest employment markets it's ever experienced, companies either step up and meet the needs of their employees or they risk losing them to companies that will. Target's Bid to Keep Employees HappyTarget recently rolled out several benefits for its employees that will make it easier for its staff to take care of their loved ones. As an investor, you might not think that these things are an essential part of your decision-making process, but they ought to be because if companies don't take care of people working on their front lines, they're bound to lose market share to those that will. Many retailers, including Amazon (NASDAQ:AMZN) and Costco (NASDAQ:COST) have already tried to help their workers by raising their minimum wage to $15. Others, like TGT, are in the process of raising it. Target's minimum wage is currently at $13 and will hit $15 by 2020.While Target's wage hikes are a good start, the fact that it's fallen behind Costco and Amazon in this area is troubling. If you own Target stock, I wouldn't sell the shares, but you might want to write a letter to the company's investor relations department if you feel it's not doing enough on the minimum wage front. A Bigger IssueThe biggest issue for corporate America isn't the minimum wage, but gender equality. Until women are paid the same wages as men, from the bottom rung to the top, and are given an equal opportunity for career advancement, American companies are going to have trouble attracting and retaining employees. The fact that Target won the Network of Executive Women's William J. Grize 2019 award for gender diversity and inclusion is a sign that TGT is working hard to level the playing field. "Today almost half of Target's store managers are female, each overseeing up to 500 employees and responsible for maximizing profitability, guest experience and sales. Women make up 36 percent of Target's board and 45 percent of its executives," stated the January press release announcing Target's win. In 2016, Target signed the White House Equal Pay Pledge, showing its commitment to ensuring women working at the company are equal in every way. While TGT has a ways to go on the minimum wage, in most respects, it's doing a pretty decent job taking care of its employees. The Bottom Line on Target StockIf this seems like a commercial for TGT, it ought to. Every time the American economy heats up, companies get serious about benefits. Then, as in 2008, when unemployment spikes, companies forget that people are what makes them successful. If you own Target stock, you can feel good that you don't hold Walmart (NYSE:WMT) shares; WMT only pays $11 an hour to start for its front-line staff. As long as the economy remains strong, Target's efforts to help its employees cope will be positive for its top-and bottom lines, and good for TGT stock, over the long-term.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for the Coming Recession * 10 Smart Dividend Stocks for the Rest of the Year * 5 Tech Stocks That Are Far Too Risky Right Now Compare Brokers The post Target Stock Is Getting a Boost From Company's Employee Benefits appeared first on InvestorPlace.

  • Amazon Stock Is Poised to Offer Another 20% Upside
    InvestorPlace4 days ago

    Amazon Stock Is Poised to Offer Another 20% Upside

    Amazon.com (NASDAQ: AMZN) announced it would offer a credit card to those with bad credit and credit services and electronic payment firms barely noticed. Visa (NYSE: V) shares closed recently at a new high as did MasterCard (NYSE:MA). But Amazon.com's card issuer, Synchrony Financial (NYSE: SYF) fell on the news. Still, both Synchrony and Amazon stock stand to benefit from this initiative and shares for both companies will react positively as customers sign up for this credit card.Source: Shutterstock The rewards card, called Amazon Credit Builder, will target those who want to build their credit history. These include customers who either want to establish new credit or are recovering from a bad credit rating.Amazon.com is no stranger to the credit card business. Two years ago, it offered a Visa card with 5% cash back. With this new card, Prime members get the 5% back on purchases.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Dark Horse Stocks Winning the Race in 2019 Credit Builder also gives the cardholder the ability to track their credit score. The credit details are displayed on a TransUnion CreditView Dashboard at no charge. By showing score changes over time, Amazon is helping the cardholder learn how to improve the credit score. This removes the need to rely on Equifax Inc. (NYSE:EFX) and more importantly, the service has no extra costs. Prime Subscriptions and Amazon StockThe new credit offering gives customers another incentive to have an Amazon Prime subscription. But the online retailer offers bigger reasons to be a member. For the current second quarter, the company is working to turn its Prime free Two-Day Shipping into a free One-Day Shipping program.This feat is possible because of the company's back-end fulfillment and logistics network. Still, Amazon needs to invest in this area to achieve this same-day delivery goal. It plans to spend $800 million in the second quarter.So, if one day Amazon brings One-Day shipping down to one or two-hour shipping, it will have a huge advantage over retailers like Target (NYSE:TGT) or Walmart (NYSE:WMT). In the last holiday season, Target could not offer more than getting online shoppers to drive to the store to physically pick-up the order.But even though Walmart is planning to launch in-home grocery delivery in three cities this fall, the food business something Amazon will build through its Whole Foods division. For now, growing the Whole Foods business depends on developing the physical storefront experience. Prime Subscriptions GrowJust as Costco (NASDAQ:COST) enjoys high profit margins through membership fees, Amazon Prime is of strategic importance. Last year, more people signed up for Prime than any year before. The more time people spend watching videos and listening to music, the more they are likely to renew their membership year after year. Telling friends about the great service encourages more people to sign up.When Amazon Web Services brought in an astonishing $30 billion in annualized revenue, the company's credit card initiative appears insignificant at best.Yet everything counts; the operating margin grew by 320 basis points. It may re-invest the cash to fulfill infrastructure needs while finding further efficiencies. The more profitable the business becomes the better programs like Prime get. And the more incentive there is, the more likely Amazon may win customers who happen to have bad credit and need to rebuild their credit score. Price TargetAnalysts on Wall Street have an average price target that is 20% above the recent $1,860 share price. Per Tipranks, the average price target is $2,242. Supporting this price target is a 10-year DCF Growth Exit Model. If Amazon keeps growing revenue by at least 10% annually, the stock has plenty of upside for investors.Amazon's high valuations do not make much sense to the conservative investor but the market knows better. In every type of business, the online retailer enters, it re-defines the business process and eventually dominates the sector. Your TakeawayShares of Amazon stock are already up nearly 10% in the last week thanks to a rebound in the stock market. Though the growth prospects suggest the stock may run higher, investors may still want to wait for a dip in the stock before buying.Disclosure: As of this writing, the author did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Dark Horse Stocks Winning the Race in 2019 * 6 Chinese Stocks to Sell That Are Suffering From a Digital Ad Slowdown * 4 Technology Stocks Blasting Higher Compare Brokers The post Amazon Stock Is Poised to Offer Another 20% Upside appeared first on InvestorPlace.

  • The World's Top 10 Retailers
    Investopedia5 days ago

    The World's Top 10 Retailers

    Read about some of the top retail companies in the world, and learn a little about the products they sell and the markets and customers they serve.

  • Investing.com5 days ago

    Stocks - Profit-Taking and Fatigue Keep Market in Check

    Investing.com - On the surface, the stock market went nowhere. The reality was a bit different. The open was strong, stocks shot seriously higher just as they had in the prior five days, and then the rally stalled.

  • The Kroger Stock Price Doesn’t Reflect Its True Worth
    InvestorPlace5 days ago

    The Kroger Stock Price Doesn’t Reflect Its True Worth

    Everyone hates Kroger (NYSE:KR). This is a company with over $120 billion in sales and a market cap of under $20 billion. That's a price to earnings ratio of 6.5, half that of Ford Motor (NYSE:F). The dividend today yields 2.4%, against 2.16% for the U.S. 10-year bond.Source: Shutterstock What market watchers want to talk about is the dance among Walmart (NYSE:WMT), Amazon (NASDAQ:AMZN) and Costco Wholesale (NASDAQ:COST) that currently defines U.S. retailing. Kroger's grocery stores and (worse) department stores are thought to be stodgy, staid and old-fashioned. But Kroger is the fourth largest retailer in the U.S., and it's not going away.Kroger hasn't been passive. Kroger does curbside delivery just like Walmart. Kroger has house brands just like Amazon. Kroger will sell you vast quantities just like Costco. Kroger also has upscale markets filled with prepared foods like Amazon's Whole Foods.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Kroger Stock Partners With OcadoKroger also has something those other companies don't have -- an alliance with Ocado (OTCMKTS:OCDGF).Ocado isn't huge. Its annual sales are about $2 billion and its market cap around $8 billion. Ocado is all about making internet retailing profitable, and its automated warehouses make those of Amazon look primitive. * 7 Dark Horse Stocks Winning the Race in 2019 Kroger signed its alliance with Ocado a year ago and has already built one of its warehouses near Kroger's home office in Cincinnati, with plans to build two more in Florida and the mid-Atlantic region, both hot for grocery delivery. Each warehouse or "shed" costs about $55 million, about half the cost of a Costco store, and 20 are in the planning stages.Kroger is also working with Microsoft (NASDAQ:MSFT) on a new system that brings promotions right to the store shelf and does inventory through the cloud, meaning it can also get advertising revenue from the brands it stocks. They're launching a fleet of unmanned delivery vehicles. Progressive Grocer named Kroger its "retailer of the year" for 2018. Wait, There's MoreKroger has long produced much of its own product and run its own house brands. Through Ocado, that may also mean growing its own fruits and vegetables, using "vertical farms" the British company has just put $20 million into. Ocado has invested in a company that already does this profitably with herbs. It has a joint venture with other vertical farmers, including U.S.-based 80 Acres, to do the same thing with other produce.A lot of Kroger's leading-edge work involves pilot projects, or one-offs. The whole Kroger ecosystem, which operates under 17 different store labels including Dillon's, Fred Meyer, King Soopers and Ralphs, as well as Kroger (don't get me started on that) isn't being transformed all at once.But it is being transformed. Kroger isn't falling behind in the retail technology arms race. It's just going about things in a different, quieter way. The Bottom Line on KR StockSadly, no one seems to care.Kroger had net income of about $3 billion last year while Walmart had net income of $7 billion. Amazon basically broke even on retailing last year, its $10 billion in profit coming from its cloud and Prime Memberships.It is useless to write that a company "should" be worth more when it consistently isn't. Kroger had a vogue in 2015 when it traded near $40 per share, but for the last two years it's been in a trading range of $20-$30. It was trading at $24.40 early on June 11.I keep hoping Kroger would be more open about its ambitions, unify operations under a single Kroger brand and go toe-to-toe with its larger rivals.Until then, they're a defensive play with an affordable dividend. Just watch this space.Dana Blankenhorn is a financial and technology journalist. He is the author of a new environmental story, Bridget O'Flynn and the Bear , available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AMZN, MSFT and KR. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Dark Horse Stocks Winning the Race in 2019 * 6 Chinese Stocks to Sell That Are Suffering From a Digital Ad Slowdown * 4 Technology Stocks Blasting Higher Compare Brokers The post The Kroger Stock Price Doesn't Reflect Its True Worth appeared first on InvestorPlace.

  • Casey's (CASY) Stock Surges on Q4 Earnings & Revenue Beat
    Zacks5 days ago

    Casey's (CASY) Stock Surges on Q4 Earnings & Revenue Beat

    Casey's (CASY) fourth-quarter results benefited from gross margin expansion, cost containment efforts and opening of more stores.

  • Is Costco Wholesale (COST) Outperforming Other Retail-Wholesale Stocks This Year?
    Zacks5 days ago

    Is Costco Wholesale (COST) Outperforming Other Retail-Wholesale Stocks This Year?

    Is (COST) Outperforming Other Retail-Wholesale Stocks This Year?

  • Costco (COST) is an Incredible Growth Stock: 3 Reasons Why
    Zacks5 days ago

    Costco (COST) is an Incredible Growth Stock: 3 Reasons Why

    Costco (COST) is well positioned to outperform the market, as it exhibits above-average growth in financials.

  • Markit5 days ago

    See what the IHS Markit Score report has to say about Costco Wholesale Corp.

    Costco Wholesale Corp NASDAQ/NGS:COSTView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for COST with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting COST. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold COST had net inflows of $2.00 billion over the last one-month. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. COST credit default swap spreads are at their highest levels for the past 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Walmart (WMT) Stock Looks Like a Buy at New Highs Amid Delivery Push
    Zacks6 days ago

    Walmart (WMT) Stock Looks Like a Buy at New Highs Amid Delivery Push

    Shares of Walmart (WMT) have surged over 8% in the last month to help extend its solid 2019 gains, which have helped it easily outpace its industry's 8.9% average. Time to by Walmart stock?

  • Amid Change, Things Stay The Same For New Age Beverages Stock
    InvestorPlace6 days ago

    Amid Change, Things Stay The Same For New Age Beverages Stock

    In recent weeks, New Age Beverages (NASDAQ:NBEV) has deeply expanded its reach. It has attracted a key retailer and acquired new products as well as a distribution network. However, NBEV stock continues to fall despite these developments. The shares are down more than 14% in the last month, compared to the S&P 500 index, which is off 1.3% in the same period.While these deals show progress in one sense, NBEV will remain a high-risk play until it can deliver results in the CBD-infused beverage market.At the beginning of the year, I described NBEV stock as a "plausible, but risky" path to CBD-related gains. It appears that the more time passes, the more that description comes true.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Deals Bring Benefits and ChallengesThe deal to bring its Marley+CBD Mellow Mood into Walmart (NYSE:WMT) stores carries with it both opportunity and risk. Yes, attracting shelf space in Walmart will boost sales by game-changing levels. However, if it fails to connect with shoppers, Walmart will not hesitate to remove it. Moreover, Walmart's obsession with cutting costs could make it a challenging client.The same holds true with its recent acquisition of Brands Within Reach (BWR). The deal carries with it licensing rights and distribution infrastructure. They happen to distribute well-known brands such as Nestea, Illy ready-to-drink coffee beverages, and Evian water. Analyst Michael Grondahl of Northland Securities agreed, saying this deal likely cost NBEV less than 1x revenue. According to Grondahl, BWR also appeared strong at stores such as Costco (NASDAQ:COST) and Publix.This deal solidifies NBEV's identity as a beverage company, bringing a diverse array of products under its umbrella. Moreover, the distribution network that comes with it leaves it better able to serve Walmart and later, bring its CBD-infused beverages to stores. * The 10 Best Stocks for 2019 -- So Far However, becoming more of a beverage company makes NBEV stock arguably less of a "marijuana equity." Hence, it could struggle more to attract the outsized multiples of a Canopy Growth (NYSE:CGC) or Aurora Cannabis (NYSE:ACB). Little's Changed for NBEV StockEven more than that is the viability of NBEV stock itself. In my previous article, I argued that buying NBEV could lead investors to find the next Monster Beverage (NASDAQ:MNST). It could also become the next Jones Soda (OTCMKTS:JSDA), a once-promising soft drink company which saw its fortunes almost completely fizzle out.Only time will answer that question. Still, the latest deals have done nothing to change that dynamic. Hence, the "plausible, but risky" description applies as much as ever.Hence, I do not recommend NBEV stock for a retirement account, but I see enough promise here for a speculative play. Like Monster before it, New Age Beverages also brings a new category to the market. Additionally, Wall Street forecasts that the company will turn profitable in the third quarter of this year.Analysts also believe that will translate into a yearly profit of five cents per share, taking the forward price-to-earnings (PE) ratio to just below 48x. That PE ratio appears reasonable given the predicted earnings growth of 113.2% this year and 80% next year. Competitive Threats Hamper NBEV StockHowever, the real worry lies in outside threats. It appears New Age Beverages stock will benefit from a first-mover advantage. The question becomes what happens when larger players respond. Coca-Cola (NYSE:KO) has so far denied interest in this cannabis-related market, even as the rumor mill speculates otherwise.However, Constellation Brands (NYSE:STZ) has partnered with Canopy Growth. Tilray (NASDAQ:TLRY) has allied with Anheuser-Busch InBev (NYSE:BUD). These multi-billion dollar companies have the needed resources to outspend this much smaller $325 million New Age Beverages, How NBEV stock holds up when these companies offer their CBD-infused beverages will determine its future. Bottom Line on NBEV StockNew Age Beverage's progress will not translate into significant gains for NBEV stock until it proves itself. Without a doubt, the Walmart deal and the Brands Within Reach purchase adds to the cache of New Age Beverages stock. However, this changes little for NBEV stock holders. No matter what the company does, it cannot shake the perception that it remains a high-risk play. New Age remains a small company that so far holds the lead in the CBD-infused beverage market. * 10 Stocks to Buy That Could Be Takeover Targets However, investors know that the largest beverage companies will eventually respond with their own offerings. This could return New Age Beverages to obscurity, or it could make it the next Monster Beverage. NBEV stock will not gain much traction until the public can see both sales and market share numbers.Still, if the Marley Mellow Mood beverages succeed, investors could see massive gains. This possibility makes NBEV stock a speculative play if nothing else.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% * 7 Stocks to Buy That Don't Care About Tariffs * 5 Healthcare Stocks to Pick Up From the Wreckage Compare Brokers The post Amid Change, Things Stay The Same For New Age Beverages Stock appeared first on InvestorPlace.

  • 3 Surprising Stocks Hitting New Highs Last Week
    Motley Fool7 days ago

    3 Surprising Stocks Hitting New Highs Last Week

    Under Armour, Dunkin' Brands, and Costco Wholesale managed to hit fresh highs as the Dow finally moves higher after six weeks of declines.

  • Thomson Reuters StreetEvents7 days ago

    Edited Transcript of COST earnings conference call or presentation 30-May-19 9:00pm GMT

    Q3 2019 Costco Wholesale Corp Earnings Call

  • Retailers including Walmart warned the trade war will cost U.S. households — JPMorgan says it already is
    MarketWatch8 days ago

    Retailers including Walmart warned the trade war will cost U.S. households — JPMorgan says it already is

    JPMorgan analysts say the cost of tariffs on Chinese goods could rise from the $600 it’s already imposing on U.S. households, buttressing the warnings from retailers like Walmart Inc. and Target Corp.