Why Investors Are Paying a Premium for Costco Stock
Many investors are avoiding the retailing industry as if it were an out-of-favor strip mall. Wall Street is worried that the latest shopper traffic slowdown is just the beginning of a long, painful period of adjustment while physical stores lose relevance amid a surging digital sales channel.
Costco (NASDAQ: COST) stock hasn't been caught up in that pessimism. Yes, shares are just barely in positive territory this year, compared to an 11% gain for the broader market. But the warehouse retailer enjoys a large and, in my view, justified premium over its peers.
Image source: Getty Images.
Source: Fool.com
Walmart Inc. Aktie
71,89 €
0,55 %
Die Walmart Inc. Aktie ist ein klarer Community-Favorit: Nur Buy-Einschätzungen, keine Sell-Einschätzungen.
Ein leichtes Potenzial nach oben für Walmart Inc. mit einem Kursziel von 74 € gegenüber dem aktuellen Kurs von 71.89 €.
