1 Green Flag for Costco in 2022, and 1 Red Flag
Costco Wholesale (NASDAQ: COST) has been on fire ever since the onset of the pandemic. It hardly appears that anything could be a red flag for the thriving retailer. But its excellent performance is reflected in its stock price, which is meaningfully more expensive than its brick-and-mortar rivals.
Still, Costco has an untapped opportunity to raise membership fees. The company typically increases annual fees roughly every five years, which it last did in 2017. The pending price increase is a green flag for Costco in 2022.
Image source: Getty Images.
Source Fool.com