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Here's Why Costco Stock Is a Must-Own in This Bear Market

TheMotleyFool

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Here's Why Costco Stock Is a Must-Own in This Bear Market: https://g.foolcdn.com/editorial/images/703444/image-courtesy-of-costco-wholesale.jpg

You see it on the news and feel it every time you go to the grocery store or fill up your vehicle with gasoline -- inflation. Inflation has become a hot-button topic, mainly because it affects everyone. One way to counteract this effect is to purchase goods in bulk. This mindset makes a wholesale retailer like Costco (NASDAQ: COST) a must-own in today's market.

If you don't already own Costco, now could be an excellent time to open up a position. Here's why.

Image source: Costco.

Source Fool.com

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