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