Costco Stock Analysis: Why COST Shares are a Strong Buy for Long-Term Investors
Where does Costco Wholesale’s (NASDAQ:COST) value really come from? It doesn’t come from price-to-earnings (P/E) ratios or other traditional metrics. Rather, it comes from the loyalty of Costco’s members. Today’s Costco stock analysis will reveal a valuable truth: as long as there’s strong customer loyalty and resilience among the consumers, Costco shares will provide consistent value.It’s that loyalty, by the way, that makes Costco stock a recession-resistant asset. Sure, Costco will have to deal with issu ...