As Grocery Competition Intensifies, Should You Buy Costco Stock?
Join our Industry Focus: Consumer Goods cast as they discuss the recent sell-off in grocery stocks and the buying opportunity that could present for Costco Wholesale (NASDAQ: COST). Competition from Amazon and Whole Foods Market, in addition to growing challenges from German discount grocery chains Lidl and Aldi, may give investors pause. Learn more about Costco's non-conventional business model and the degree to which the company is insulated from these threats.
A full transcript follows the video.
Source: Fool.com
Costco Wholesale Stock
€778.10
1.420%
The stock is an absolute favorite of our community with 57 Buy predictions and no Sell predictions.
At the moment Costco Wholesale has reached the predicted target price of 780 €, with a current price of 778.1 €.
