Why Now Is a Great Time to Buy Costco Stock
Costco Wholesale (NASDAQ:COST) stock continues to be one of the best blue-chip stocks investors can buy and remains the gold standard of the retail sector. In the last 12 months, COST stock has risen 40%, bringing its five-year return to shareholders to 230%. The warehouse club’s stock continues to run circles around its largest competitors, such as Walmart (NYSE:WMT), whose stock is up 13% in the last year, and Kroger (NYSE:KR), whose share price has gained 4%. However, investors shouldn’t feel that they’v ...