Forget Costco: These 3 Stocks Have Doubled This Year
Costco (NASDAQ: COST) stock is underperforming the market lately, with shares down slightly even as the S&P 500 has jumped higher by double digits.
Below, we'll look at a few stocks that have delivered far more exciting returns for investors so far in 2017. Wayfair (NYSE: W), National Beverage (NASDAQ: FIZZ), and Shopify (NYSE: SHOP) have each more than doubled this year thanks to rising optimism on Wall Street.
Costco is taking a conservative approach to its e-commerce sales channel because management sees its warehouses -- and the treasure hunt shopping atmosphere they provide -- as their core competitive advantage. Investors who want more exposure to online retailing might consider Wayfair instead.
Source: Fool.com
Costco Wholesale Stock
With 72 Buy predictions and not a single Sell prediction Costco Wholesale is an absolute favorite of our community.
With a target price of 828 € there is a slightly positive potential of 4.86% for Costco Wholesale compared to the current price of 789.6 €.