Why Costco (COST) Stock is a Smart Long-Term Investment

Costco Wholesale Corporation (COST) , an “all-weather” stock, has withstood multiple market gyrations and delivered returns to investors. A resilient business model enables it to gain market share and generate profits. This operator of membership warehouses has exhibited a decent run on the bourses and has outpaced the industry over the past year.Shares of this Zacks Rank #3 (Hold) company have appreciated about 62.1% in the said period compared with the industry’s rise of 37.4%. Trading at $848.31 as of Ju ...