Some people work and do things in big stores called Target, Costco and a healthcare store. They sell many different things like food, clothes and medicine. Some other smart people watch how these stores are doing and give their opinions on what to buy or sell. These smart people were asked by CNBC to share their final trades, which means the last thing they want to buy or sell before the day ends. This article tells us what those smart people said about Target, Costco and the healthcare store. Read from source...
1. The article title is misleading and does not accurately represent the content of the article. It implies that there are three major stocks discussed on CNBC's "Final Trades", but in reality, only two of them are mentioned as final trades by different analysts: Target and Costco. The healthcare stock is only briefly mentioned as a recommendation by one of the panelists, but no details or rationale are provided.
2. The article mentions that Costco reported total revenue of $58.44 billion in the second quarter, which missed a Street consensus estimate of $59.16 billion. However, it does not provide any context or explanation for why the estimate was so high, or how much Costco beat or missed by. It also does not mention that the company's net sales increased by 5.7% year-over-year, which is a positive sign of growth.
3. The article cites Stephanie Link's final trade of Target Corporation without providing any details on why she chose it, what her price target or rationale is. It also does not mention that Target reported a decline in comparable sales and digital sales in the fourth quarter, which could be seen as a negative sign for investors.
4. The article ends with a brief update on CVS Health's share price, but it does not explain why it is relevant to the topic of the article, or what the company's recent performance or outlook is. It also does not provide any context or comparison to other similar companies in the healthcare sector.