Is Costco Wholesale a Recession-Proof Business?

Whenever recession fears begin to circulate, investors naturally look for businesses that can hold up in a deteriorating economy. Retail, historically, hasn't been one of them. Consumer spending tends to weaken during downturns, and many retailers feel the pressure quickly. Yet Costco Wholesale (NASDAQ: COST) has long stood out as an exception. The warehouse giant has built a reputation for stability, loyal customers, and steady growth even when economic conditions become uncertain. So the question many ...