Can Costco Become a Trillion-Dollar Stock by 2030?
Costco Wholesale (COST -0.07%) has been a dependable market outperformer for years. Investors love its reliable growth and robust profitability, and it even pays a dividend. It performs well in good times, and sometimes even better in rough times.Costco stock is up about 44% over the past year, or about double the S&P 500's rise. It has a market cap of $320 billion right now. Can it become a trillion-dollar stock by 2030?Why does everyone love Costco?Costco operates a fee-based membership model that breeds ...