Happy Tuesday Zingernation! The Lions did it. Detroit’s football team won a playoff game for the first time since 1991 when a 23-year-old Barry Sanders rushed for more than 1,500 yards and 16 touchdowns.

So hey, if 2024 is the year that the Lions can break one of the longest playoff droughts in sports, that means just about anything can happen right? Maybe I’ll even pick some winning stocks in my portfolio this year.

Today, we're taking a look at Apple’s latest win in its Apple Watch patent battle, analyzing why Costco is making new all-time highs, and highlighting Boeing’s latest midflight issue.

Also, learn more about the company that's using cutting-edge technology to reshape the industrial space.

And, did someone forward you this email? Click here to subscribe to this Benzinga newsletter and more.

MARKET SNAPSHOT

Last Week: Investors shrugged off hotter-than-expected CPI data and all major indices closed in the green. Can we keep it going?

On Our Radar: The Empire State manufacturing survey came out at 8:30 am ET, and then a little later this morning we will hear from Fed Governor Christopher Waller.

TOP STORY

Hot Dogs And Rotisserie Chicken: Costco Stock At New 52-Week High

Briefly: Costco stock is trading at new 52-week high levels. Following a seven-day rally, the stock briefly touched the $683.72 level on Jan. 12, closing out at $683.24. The stock has had a pretty good run over the past year, up about 45%. I guess people have been eating a lot of hot dogs and rotisserie chicken!

Basically: A cautious outlook for the first half of 2024 gives way to optimism in the latter part of the year. With grocery inflation stabilizing, the firm anticipates a rebound in discretionary spending, propelled by the easing of grocery disinflation and Gen Merch deflation.

So: Despite short-term hurdles, including potential saturation and supply chain risks, Costco’s relentless membership growth and robust financials position it as a compelling long-term buy.

What Next: Want to check out more trade ideas for Costco? Read more here. 

PRESENTED BY LASER PHOTONICS

Driving Growth And Innovation: Laser Photonics Corporation's Path To Industry Leadership

Laser Photonics Corporation (NASDAQ: LASE), a leading global industrial developer of CleanTech laser systems for laser cleaning and other material applications, has recently provided an update on its strategic and operational direction for shareholders.

This comes in the wake of Wayne Tupuola, CEO of Laser Photonics, expressing the company's commitment to long-term expansion, growth, and increasing stockholder value. He acknowledged that LPC has only scratched the surface of the market's potential and technological capabilities.

Click here to read more

FIVE ZINGERS

I’ll Take One: Elon Musk recently shared a video on X.com of a Tesla robot folding clothes… now I’m starting to get behind this whole AI/robots thing.

Started From The Bottom: A Drake-backed memecoin called WYNN is up more than 200% in the last few days.

BAd News For $BA: Boeing’s been in the national spotlight after a near disaster, and almost had another one over the weekend.

The Big Dogs: All of the financial power hitters are in Davos for the World Economic Forum, including Jamie Dimon and more.

That Didn’t Take Long: Blackrock and other asset managers are already releasing Bitcoin ETF commercials after last week’s approval.

ONE FOR THE ROAD

Apple Dodges Import Ban In Apple Watch Patent Battle With Masimo

What Happened: Apple Inc has potentially sidestepped an import ban that loomed over its latest Apple Watch models stemming from a patent infringement dispute with medical technology firm MasimoCorporation, according to a Monday report.

Basically: Reuters reported the U.S. Customs and Border Protection ruled in favor of Apple’s approach to redesign its product, offering a reprieve from the import ban.

Why It Matters: This move effectively nullifies the immediate threat to Apple's sales of its latest smartwatch models. yet it's important to note that this decision is not final and could be overturned if the U.S. International Trade Commission (ITC) disputes it.

What Next: Read the full breakdown here.  

PRESENTED BY LASER PHOTONICS

Driving Growth And Innovation: Laser Photonics Corporation's Path To Industry Leadership

Laser Photonics Corporation (NASDAQ: LASE), a leading global industrial developer of CleanTech laser systems for laser cleaning and other material applications, has recently provided an update on its strategic and operational direction for shareholders.

This comes in the wake of Wayne Tupuola, CEO of Laser Photonics, expressing the company's commitment to long-term expansion, growth, and increasing stockholder value. He acknowledged that LPC has only scratched the surface of the market's potential and technological capabilities.

Click here to read more