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3 Reasons Costco Stock Will Have More Room to Run in 2025
COSTCostco(COST) MarketBeat·2024-12-30 14:55

When consumers look for value, a trip to Costco Wholesale Corp. NASDAQ: COST is frequently on the agenda. But as investors have been looking for value in December, COST stock has fallen out of favor. Shares of Costco stock are down about 2.2% for the month as of December 27. However, the stock is down over 6% after hitting a high of around $1,007 prior to the company’s earnings on December 12.  Trading at over 52x forward earnings and with a return on equity of around 33%, investors may be correct in thinki ...