CEO Ullal is going through expectations of reduced business from a large client going forward right now.
This group appears oversold and downgrades of the big cannabis names may trigger a "buy the bad news" reaction.
It is not going to run the company to please Wall Street. It is going to run the company to please consumers and if the consumer is happy, Costco is happy.
If you own McDonald's I think you can ride this weakness out as ultimately if there is something wrong I am confident that CEO Steve Easterbrook will figure it out and fix it.
What is the green swan that will bring buyers back to cannabis companies?
I could list dozens of opportunities to buy high-quality stocks that are expensive. In each case it's easy to say what the Bernstein analyst said about Costco.
I now have an ally in Morgan Stanley.
Lululemon's earnings results are leading to even more gains for shareholders already rewarded handsomely in 2019.
The cybersecurity name fired off some punches at the competition and picked up another bolt-on acquisition amid earnings.
Billings, a key figure for cybersecurity companies, surprised to the upside as the company delivered more than was expected by analysts.