Should You Buy Costco Before There's a Coronavirus Vaccine?
Costco Wholesale (NASDAQ: COST) shares have easily outperformed the broad market in recent weeks. The last leg of that rally was prompted by its September adjusted same-store sales growth of 16.9%, accelerating from 14.1% last quarter. Analysts with Jefferies even upgraded the stock to a buy earlier this month, when the shares traded 33% above their late-March low, citing the company's widening "leadership moat."
Simply put, investors couldn't ask for much more.
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Source Fool.com
