Costco Stock Suffers Biggest 1-Day Drop in Over 3 Years. Is The Dividend-Paying Growth Stock a Buy Now?
Costco Wholesale (NASDAQ: COST) fell 6.1% on Friday in response to its second-quarter fiscal 2025 results and management commentary on the earnings call. Costco's earnings only came in slightly below Wall Street analyst estimates. So the extent of the sell-off may seem a bit surprising, especially considering Costco isn't usually a volatile stock.In fact, Costco hasn't fallen by over 6% in a session since Dec. 1, 2022, when it dropped 6.6%. But the stock has roughly doubled since then and has been a massive winner for long-term investors.Here's why Costco stock tumbled, and if the dividend-paying growth stock is a buy now.Continue reading
Costco Wholesale (NASDAQ: COST) fell 6.1% on Friday in response to its second-quarter fiscal 2025 results and management commentary on the earnings call. Costco's earnings only came in slightly below Wall Street analyst estimates. So the extent of the sell-off may seem a bit surprising, especially considering Costco isn't usually a volatile stock.
In fact, Costco hasn't fallen by over 6% in a session since Dec. 1, 2022, when it dropped 6.6%. But the stock has roughly doubled since then and has been a massive winner for long-term investors.
Here's why Costco stock tumbled, and if the dividend-paying growth stock is a buy now.
