Costco Earnings: Time To Take Profit In COST Stock As BJ And Kroger Soar?

Costco (COST) missed earnings expectations for its second quarter late Thursday. Rivals BJ’s Wholesale Club (BJ) and Kroger (KR) beat earnings estimates early Thursday, with online sales coming in strong for all three retailers. On Friday, Costco stock slumped, flashing two sell signals. BJ stock and Kroger stock extended Thursday’s gains, rallying further above buy points. The Costco earnings report…