Top Stock Picks for the Week of September 3rd, 2019

Costco COST is a wholesale retail company with a market cap of $130 billion. The shares have been on fire for this primarily brick-and-mortar retailer, with the stock price appreciating 44% since the beginning of the year. In July (four weeks ending August 4th) Costco demonstrated sales of $11.43 billion up roughly 8% from the same period last year. Comp sales were up 5.6% in July with its e-commerce segment exhibiting an over 21% expansion. These are very robust growth figures, with anything over 3% topline appreciation in an established retail firm considered healthy. COST is a reliable retail stock trading at a forward P/E of 36.6x.

HubSpot HUBS is an enterprise cloud company with a tremendous amount of growth potential. The company services 65,000 customers across 100 countries. HubSpot has illustrated a topline CAGR of 42% since it went public 5 years ago, with its international CAGR being 62%. This growth is estimated to continue with sales expected to appreciate 30% this year and 24% next. HubSpot’s goal is to create a seamless customer experience that allows businesses to “grow better”. Their target customers are small to medium-sized businesses with tremendous growth potential. HUBS analysts continue to be impressed with this firm’s outperformance, revising EPS estimated up and propelling this stock into a Zacks Rank #2 (Buy).

Should these two companies be on your investing short list? Find out in this week’s video.

Legalizing THIS Could Be Even Bigger than Marijuana

Americans spend an estimated $150 billion in this industry every year… more than twice as much as they
spend on marijuana.

Now that 8 states have fully-legalized it (with several more states following close behind), Zacks has
identified 5 stocks that could soar in response to the powerful demand. One industry insider described
the future as “mind-blowing” – and early investors can still get in ahead of the surge.

See these 5 “sin stocks” now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
HubSpot, Inc. (HUBS): Free Stock Analysis Report
Costco Wholesale Corporation (COST): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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