October 18, 2021

Stocks rose on Monday with the S&P 500 and Toronto each up 0.3%.

Costco was up 2.1% to $462. It’s a fantastic company. It always seems expensive on a P?E basis and is even more expensive than usual at this time. I’m somewhat tempted to reduce my position modestly.

Toll Brothers was up 2.2%. It’s not an expensive stock in relation to earnings but is inherently far more cyclical than the likes of Costco.

Constellation Software was up 2.7%.

lululemon was up 3.4%.

Penny stock RIWI was up 8.3% after it released news about a survey of what it calls Gen COVID investors. RIWI is attempting to showcase the value of its unique approach to collecting survey data and understanding various trends.

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