Where Will Costco Stock Be in 5 Years?
Costco Wholesale (NASDAQ: COST) has been an incredible stock to own over many decades, crushing the market as customers flock to its membership-only warehouse stores. It has managed to keep up strong growth in practically every kind of economy, and it has reported some of its highest growth when the economy has been weak.
The market has rewarded it with an increasing stock price and a correspondingly higher valuation. But Costco stock has been going through some uncharacteristic pressure this year, trailing the S&P 500's 18% year-to-date gains with a roughly flat stock price.
Is Costco's run finally over? Let's see where it could be in five years from now.
Source Fool.com
