Is Costco Wholesale Stock a Buy, Sell, or Hold in 2025?
Bulk-buying, bargain-hunting shoppers propelled Costco Wholesale (NASDAQ: COST) to a record-breaking 2024 for sales and earnings. The discount retailer is benefiting from a resilient economic backdrop while capitalizing on an ongoing e-commerce expansion. Its latest update highlighted further growth momentum to kick off 2025.With the stock up 47% over the past year and currently trading at an all-time high, can the rally keep going? Let's discuss what to do with shares of Costco Wholesale.With 139 million cardholders worldwide, Costco's members-only store concept remains massively popular. Its loyal customer base is attracted to low prices on a variety of items, from everyday essentials to jewelry, electronics, and furniture. Access to exclusive deals, including discounted gasoline, travel services, and an in-store pharmacy, means that for many people, the annual membership fee is a no-brainer.Continue reading
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Bulk-buying, bargain-hunting shoppers propelled Costco Wholesale (NASDAQ: COST) to a record-breaking 2024 for sales and earnings. The discount retailer is benefiting from a resilient economic backdrop while capitalizing on an ongoing e-commerce expansion. Its latest update highlighted further growth momentum to kick off 2025.
With the stock up 47% over the past year and currently trading at an all-time high, can the rally keep going? Let's discuss what to do with shares of Costco Wholesale.
With 139 million cardholders worldwide, Costco's members-only store concept remains massively popular. Its loyal customer base is attracted to low prices on a variety of items, from everyday essentials to jewelry, electronics, and furniture. Access to exclusive deals, including discounted gasoline, travel services, and an in-store pharmacy, means that for many people, the annual membership fee is a no-brainer.