Prediction: This Will Be Costco's Next Big Move
Costco(COST) The Motley Fool·2024-06-20 10:45
This dominant low-cost retailer operates a successful membership model.Shares of Costco (COST 0.33%) have rewarded investors as they've skyrocketed 234% in the past five years. And in 2024, their 31% gain (as of June 17) is easily outpacing the broader S&P 500.Clearly, this top retail stock has been a wonderful investment in the past. But I think the business is about to make a big strategic move that can further boost its financial performance. Let's take a closer look at Costco's operations.Asking custome ...