Here's the Next Stock I'm Going to Buy
Costco Wholesale (NASDAQ: COST), the world's third-largest retailer, has been a huge boost for investment portfolios. The top warehouse club operator has seen its stock price soar 217% over the past five years, more than doubling the S&P 500's total return during the same time.
Providing customers with an exceptional, one-stop shopping experience has worked wonders for Costco, a fact that has been on full display over the past couple of pandemic-fueled years. And the momentum still hasn't faded as same-store sales jumped 14.4% and diluted earnings per share increased 36.4% year over year in the company's fiscal 2022 second quarter (ended Feb. 13).
Costco's competitive strength has never been more apparent, and it's the next stock I'm going to buy.
Source Fool.com
