Costco Stock Thrives When Other Stocks Are Down. Is Now the Time to Buy?
The market just can't get enough of Costco Wholesale (NASDAQ: COST) stock, and economic volatility is only helping. Costco is reliable for strong performance in any environment, and it tends to do very well when there's a recession.As tariffs keep the market in turmoil and companies calculate their potential effects into forecasts, Costco continues to churn out spectacular operating results. Is it only going to get better? Let's see if now is a great time to buy Costco stock.Costco has a differentiated, if not completely unique, business model that charges annual fees but offers rock-bottom prices. It tends to attract a more affluent crowd that is willing to pay for the privilege of shopping at Costco's multiple global warehouses, and it keeps them coming in to make the most of their paid memberships. It's a win-win model that creates consumer loyalty and keeps traffic high, and because Costco makes so much money from the annual fees, it can cap price markups and still generate incredibly high profits.Continue reading
The market just can't get enough of Costco Wholesale (NASDAQ: COST) stock, and economic volatility is only helping. Costco is reliable for strong performance in any environment, and it tends to do very well when there's a recession.
As tariffs keep the market in turmoil and companies calculate their potential effects into forecasts, Costco continues to churn out spectacular operating results. Is it only going to get better? Let's see if now is a great time to buy Costco stock.
Costco has a differentiated, if not completely unique, business model that charges annual fees but offers rock-bottom prices. It tends to attract a more affluent crowd that is willing to pay for the privilege of shopping at Costco's multiple global warehouses, and it keeps them coming in to make the most of their paid memberships. It's a win-win model that creates consumer loyalty and keeps traffic high, and because Costco makes so much money from the annual fees, it can cap price markups and still generate incredibly high profits.
