Why Costco Stock Rose in March
Shares of Costco (NASDAQ: COST) outperformed a weak market last month by gaining 1% versus a 12.5% drop in the S&P 500, according to data provided by S&P Global Market Intelligence.
The uptick made the warehouse retailer a standout winner through the recent bear market slump, with shares down just 2% so far in 2020 compared with a 24% drop in wider indexes.
Image source: Getty Images.
Source Fool.com
