As Grocery Competition Intensifies, Should You Buy Costco Stock?
Join our Industry Focus: Consumer Goods cast as they discuss the recent sell-off in grocery stocks and the buying opportunity that could present for Costco Wholesale (NASDAQ: COST). Competition from Amazon and Whole Foods Market, in addition to growing challenges from German discount grocery chains Lidl and Aldi, may give investors pause. Learn more about Costco's non-conventional business model and the degree to which the company is insulated from these threats.
A full transcript follows the video.
Source: Fool.com
Costco Wholesale Stock
The stock is an absolute favorite of our community with 71 Buy predictions and no Sell predictions.
As a result the target price of 828 € shows a slightly positive potential of 3.5% compared to the current price of 800.0 € for Costco Wholesale.