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Why Costco Stock Rose in March

TheMotleyFool

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Shares of Costco (NASDAQ: COST) outperformed a weak market last month by gaining 1% versus a 12.5% drop in the S&P 500, according to data provided by S&P Global Market Intelligence.

The uptick made the warehouse retailer a standout winner through the recent bear market slump, with shares down just 2% so far in 2020 compared with a 24% drop in wider indexes.

Image source: Getty Images.

Source Fool.com

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