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Can Costco Stock Hit $1,000 in 2024?

TheMotleyFool

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Can Costco Stock Hit $1,000 in 2024?: https://g.foolcdn.com/editorial/images/760776/warehouse-shopper-costco-shopping.jpg

Costco (NASDAQ: COST) finished off 2023 with another stellar performance. The stock climbed nearly 45% amid renewed investor sentiment. This beat the 24% gain of the S&P 500.

As of this writing, shares of this top-notch retailer are priced at about $672. But bullish investors might have their sights set on the coveted $1,000 mark, which would translate to a near-50% gain.

Let's find out if Costco can reach this four-figure price by the end of 2024.

Source Fool.com

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