Costco Stock: Buy, Sell, or Hold?
Costco Wholesale (NASDAQ: COST) has been a fantastic investment in recent times: Shares have risen 132% in the last five years, as of Sept. 7. That gain trounces the 73% increase of the Nasdaq Composite Index and the 55% rise of the S 500 over that same period.
But the retailer is dealing with a bit of a slowdown following double-digit revenue growth in the past two fiscal years. Investors might be ready to sell their shares given the uncertain macro environment, even though the company has a stellar track record.
That raises the question: Is Costco stock a buy, sell, or hold right now? Let's take a closer look at the business before figuring out what to do.
Source Fool.com
