Ignore Costco: Here's a Better Stock for Stable Profit Growth

Many factors have gone into Costco's (COST 0.71%) success as a business and as a stock investment. The warehouse giant has been picking up market share for decades, for one, mainly thanks to its popular price leadership selling approach.Yet, the real engine behind its positive financial returns is Costco's incredibly predictable profit growth. Rather than generating most of its earnings through product markups like other retailers do, Costco's profits flow from its steadily rising membership fees. As a resu ...