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Why Costco Stock Gained 29% in the First Half of 2024
COSTCostco(COST) The Motley Fool·2024-07-11 12:40

It's already zooming higher in the second half after a highly anticipated fee raise.Costco Wholesale (COST -0.29%) stock gained 29% in the first half of the year. The stock has been demonstrating incredible resilience, and sales growth is accelerating. It also issued a juicy special dividend to shareholders. And shareholders have been anticipating a lot more.Costco is unstoppableCostco enjoyed elevated sales growth early in the pandemic, and that decelerated when high inflation hit. There was a short lap pe ...