Buy This Monster Stock Before It Pops
In a recent survey by the big-four tax firm, KPMG, 91% of chief executive officers (CEOs) said they expect a U.S. recession within the next 12 months. And with just one-third of CEOs predicting a mild and short recession, things could get rough in the near future.
That's why now could be a great time to position your investment portfolio for a recession. The warehouse retailer, Costco (NASDAQ: COST), looks like a buy for investors seeking to strengthen their portfolios. Here's why.
Since its founding in 1976 under the Price Club name, Costco has grown to a market capitalization of $214 billion. This makes the company the largest membership-based warehouse club business in the world. How did Costco achieve this feat?
Source Fool.com
