Is a Costco Membership Worth It for Black Friday Alone?
Costco (NASDAQ: COST) may be your least expensive option when it comes to shopping. In fact, two recent studies show that across a range of basic items and household essentials, Costco offers better prices than Amazon (NASDAQ: AMZN).
The results aren't dramatic -- one of the surveys showed buying a set of staples items at Amazon would cost $329.43, whereas the same purchase at Costco would be $313.14 -- but they did show the warehouse club as the winner. Of course, it costs either $60 or $120 a year, depending upon what membership you buy to shop at Costco.
That expense can absolutely be offset by savings -- specifically if you opt for the $120 executive membership, which offers 2% cash back on eligible purchases. It's even possible with either membership to earn back the cost of joining just during the holiday season.
Source: Fool.com
Costco Wholesale Stock
The stock is an absolute favorite of our community with 68 Buy predictions and no Sell predictions.
As a result the target price of 804 € shows a slightly positive potential of 6.74% compared to the current price of 753.2 € for Costco Wholesale.
