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Costco Wholesale (NASDAQ: COST) members in the U.S. and Canada will soon pay more for their memberships after the company recently announced a price hike. The news comes on the heels of an ...
That is, Costco shares were also red-hot because of the COVID-19 pandemic. For perspective, in addition to its 65% gain since the beginning of 2023, Costco's stock is up an incredible 170% since ...
So, here are three reasons to buy Costco stock like there's no tomorrow. 1. Costco is raising membership fees for the first time in seven years. This month, Costco announced its first membership ...
Unlike most retailers, Costco is a warehouse club operation, which means that customers pay an annual membership fee for the privilege of shopping at Costco's warehouses. Membership fees make up ...
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Costco stock is pretty much always expensive. At the start of 2023, Costco's price-to-earnings ratio was in line with its five-year average P/E. At that point, it was likely fairly priced, but the ...
Analysts are typically bullish on Costco, and that remains true in early 2023 as well. The consensus rating of 26 analysts following the stock is “strong buy,” with an average 12-month price ...
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