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Markets · Investing · Business
Finance
3 Reasons to Buy Costco Right Now, and 1 Reason to Avoid It
The retail giant has a lot to be excited about, but at what cost to investors?
Walmart and Amazon have been go-to shopping destinations for Americans for quite a while now, but in recent years, a new favorite has emerged in Costco(NASDAQ: COST). It has many of the same items you can find in those stores, but it sells them in bulk. It's a go-to for many families across the country.
Costco's stock has also been a go-to for many investors, up 145% over the past five years, compared to the S&P 500's (SNPINDEX: ^GSPC) 77% gain and the Nasdaq Composite's (NASDAQINDEX: ^IXIC) 85% (as of June 22).
Details
If you're interested in Costco's stock, here are three reasons you should do so and one reason you should be hesitant right now.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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