Where Will Costco Stock Be in 5 Years?
Costco Wholesale (NASDAQ: COST) hasn't drawn much investor enthusiasm lately. Its stock is down 7% over the past year, and it fell after the second-quarter earnings release last week.
But forward-thinking investors shouldn't get too ruffled by its short-term challenges. Every company will deal with stumbles, and in Costco's case, it's less about the business and more about the economy. Current performance is only a snapshot in a long story, and growth is almost never linear.
So let's instead examine what Costco might look like over the next several years.
Source Fool.com