Costco Stock Breaks 52-Week Record: Buy, Hold or Take Profits?
Costco Wholesale Corporation (COST) just hit a fresh 52-week high, rewarding investors with impressive gains. But with the stock soaring, a key question arises — should you cash in now or stay invested? Costco’s strong fundamentals, including strong membership growth and pricing power, have fueled its rise, but is there still room to run? Let’s dive into the key factors driving this rally and whether it’s time to take profits.The stock reached a new 52-week peak of $1,009.61 yesterday, a significant milesto ...