When it comes to the stock market, a year isn't all that long. The volatility associated with cyclical economic swings means that investing is a medium whose returns are best measured across multiple years or even decades.

However, that doesn't mean investors should ignore a company's short-term prospects. Excellent 10-year operating runs are built from a series of individual good years, after all.

What does 2024 hold for Costco Wholesale (NASDAQ: COST) stock, then, given the warehouse giant's recent positive operating momentum and soaring returns? Let's dive right in.

Continue reading

Source Fool.com