5 Smart Reasons to Buy Costco Stock Right Now
Costco Wholesale (NASDAQ: COST) is a proven winner in the retail arena. Beloved by its customers for the tremendous value it provides and its shareowners for the wealth it has delivered, Costco is a favorite among many.
Yet, despite this well-earned fanfare, fortune-building returns could still be had by investors who buy its stock today. Here are five reasons why.
The profit Costco earns from selling membership plans allows it to price its goods only slightly above its costs. This, combined with its bulk purchases made possible by its massive customer base, makes it difficult and often impossible for other retailers to match its prices.
Source Fool.com
