Costco Stock: The Bear Case From a Bull
Costco (NASDAQ: COST) stock recently dipped into negative territory for the year to put it well behind the broader market's 10% increase. At first blush, the sell-off looks like shortsightedness on the part of investors. After all, sales growth is ticking up even as the retailer introduces its plans for higher membership prices.
Long-term shareholders shouldn't be rattled by a little volatility. However, with Costco shares barely keeping pace with the market over the last five years, it's worth looking at the prospect for a continuing disappointing stretch for the business.
Image source: Getty Images.
Source: Fool.com
Walmart Inc. Aktie
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