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Costco Stock: Next Stop $1,100?

TheMotleyFool

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Costco (NASDAQ: COST) shares hit their all-time high price of $1,094.32 in May. They have fallen 14% since then (as of July 20). Investors are hoping that the warehouse club operator can bounce back sooner rather than later.

Is $1,100 the next stop for this retail stock?

Image source: The Motley Fool.

Source Fool.com

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