14.12.2024 11:05:00
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3 Facts About Costco You Must Know Before Buying the Stock
Costco Wholesale (NASDAQ: COST) is not only a consumer favorite, but a top choice among the investment community as well. Shares of the warehouse club operator have risen 595% in the past decade. Including dividends, the total return is an exceptional 752% during that same period of time.That type of magnificent performance can draw in new investors to this retail stock, which continues to climb higher and now trades in record territory. Before you rush to buy Costco, here are three things you need to know.On the surface, Costco looks like a typical retailer that sells merchandise in its stores to consumers. However, a key factor to the company's success is its memberships. People must pay annual fees in order to be able to shop at Costco warehouse locations.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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