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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 ...
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 ...
Costco Warehouse, ticker symbol COST, is an American multinational big-box retailer that is a membership-only warehouse club. It is a multibillion-dollar company and one of the largest retailers ...
But I don't think this is likely. According to Wall Street consensus analyst estimates, Costco's revenue and diluted EPS are projected to increase at annualized rates of just 6.5% and 10.7% ...
It jumped on the news of the fee hike, which will add a windfall to Costco's net income. That will help the price catch up to the P/E ratio, but it won't show in the numbers for a while. The high ...
In its most recent fiscal year, which ended on Sept. 3, 2023, Costco reported annual revenue totaling $242.3 billion. In three years, its top line has jumped by 45%. And with more growth catalysts ...
As a result of its resounding success and continued expansion, Costco has been a go-to option for many investors. Year to date, the retail stock is up 28%. And at 52 times earnings, investors are ...
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 ...