1 Famous Stock to Avoid Like the Plague in 2024

One clear sign of an excellent investment is when the company creates a cult-like following among its customers. Who shops at Costco Wholesale (COST -0.16%) and doesn't know about and appreciate the company's famous $1.50 meal deal for a large hot dog and soda?The high regard for the company has translated into a high regard for the stock as well. Costco stock has trounced the returns of the S&P 500 over the years, returning an astounding 118,000% over its 38-year life as a public company. Costco is admitte ...