"Costco (COST) is expensive relative to the SPX from a valuation perspective. This is a defensive play that historically outperforms in a high inflationary environment. Regarding, TJX Companies (TJX) this is an earnings play that will benefit from excess inventory. Finally, Alphabet (GOOGL), YouTube is poised to gain back the consumer market share due to recent China concerns and TikTok competition," says Jessica Inskip. Ben Lichtenstein provides his technical analysis take on the COST, TJX, and GOOGL stocks.
14 Nov 2022