1 Stock to Buy, 1 Stock to Sell This Week: Costco, Foot Locker

• Trump’s commercialized war, U.S. jobs report, and past batch of Q4 net volition beryllium successful absorption this week.

• Costco's net study is seen arsenic a imaginable catalyst for growth, making it a banal to ticker for bullish investors.

• Foot Locker is bracing for a disappointing update owed to sluggish request for discretionary apparel, making it a banal to avoid.

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U.S. stocks closed higher connected Friday to wrapper up a volatile week and a losing period for the large averages amid a antagonistic premix of quality related to tariffs, ostentation and the economy.

The S&P 500 declined astir 1% for the week and 1.4% successful February. The tech-heavy Nasdaq Composite mislaid astir 4% for each of February, its worst monthly diminution since April 2024. Meanwhile, the blue-chip Dow Jones Industrial Average managed to outperform, rising astir 1% during the week. Month-to-date, however, the 30-stock scale dropped 1.6%.

Source: Investing.com

The week up is expected to beryllium different eventful 1 arsenic investors respond to President Donald Trump’s assertive tariffs. Trump's 25% tariffs against Canada and Mexico volition commencement connected Tuesday, on with a further 10% tariff hike connected Chinese goods.

Most important connected the calendar volition beryllium Friday’s U.S. employment study for February, which is forecast to amusement the system added 156,000 positions. The unemployment complaint is seen holding dependable astatine 4.0%. That volition beryllium accompanied by a dense slate of Fed speakers, including Chairman Jerome Powell.

Source: Investing.com

And portion the net play is drafting to a close, a fig of noteworthy reports are due, including Broadcom (NASDAQ:AVGO), CrowdStrike (NASDAQ:CRWD), Costco (NASDAQ:COST), Target (NYSE:TGT), Best Buy (NYSE:BBY), Macy’s (NYSE:M), Kroger (NYSE:KR), and JD.com (NASDAQ:JD).

Regardless of which absorption the marketplace goes, beneath I item 1 banal apt to beryllium successful request and different which could spot caller downside. Remember though, my timeframe is just for the week ahead, Monday, March 3 - Friday, March 7.

Costco, the Issaquah, Washington-based warehouse retailer, is poised to present its fiscal second-quarter net aft the U.S. marketplace closes connected Thursday astatine 4:15PM ET. According to the options market, traders are pricing successful a plaything of 4.4% successful either absorption for COST banal pursuing the print.

Recent optimism has been evident, with nett estimates revised upward 15 times successful the weeks starring up to the report—compared to lone 5 downward revisions, according to InvestingPro.