Prediction: Costco Stock Will Underperform the S&P 500 Over the Next 5 Years

This prediction might look bold, given the stock's impressive gain in recent years.One of the best-performing stocks in recent memory could not be further from the tech sector or the ongoing artificial intelligence (AI) boom. I'm talking about Costco (COST -0.24%). Shares of the warehouse-club operator have produced a total return of 233% in the past five years, outpacing the S&P 500 by 96%.While the retail stock has continued its momentum throughout 2024, I'm not bullish as we look ahead. I predict that Co ...