After the big sell-off, which stocks may rebound now?
Filed under: Ford Motor (F), Caterpillar (CAT), Costco Wholesale (COST)
After an unprecedented sell-off of stocks in January, which big cap stock may recover over the next month or two?
Costco (NASDAQ: COST) was down 11% over the last month, but it is on the "edge" of doing well. Its same-store sales are still running better than most companies in the retail industry. It still offers real bargains, and consumers are inclined more now than ever to look for affordable quality. It will only take on month of strong same-store sales for Costco shares to bounce back.
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After the big sell-off, which stocks may rebound now? originally appeared on BloggingStocks on Sat, 31 Jan 2009 11:10:00 EST. Please see our terms for use of feeds.
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