Has Costco Stock Run its Course for Now?
CostcoCostco(US:COST) MarketBeat·2024-10-04 13:56

Costco NASDAQ: COST has been a big winner so far this year. Consumer staples stocks have generally had a good year, with the Consumer Staples Select Sector SPDR Fund NYSEARCA: XLP providing a total return of 15%. However, that still lags the over 20% return of the S&P 500.Costco has particularly impressed. Its 33% total return this year surpasses its sector and the industry by a wide margin. So, what has been driving Costco’s recent success, and is there still room for this stock to run?Get Costco Wholesale ...

Has Costco Stock Run its Course for Now? - Reportify