Costco Is One of the Largest Consumer Goods Companies by Market Cap. But Is It a Buy?

There are lots of fantastic consumer goods companies for investors to buy these days, many of which have long track records of beating the market and years of solid financial performance. One of the largest consumer goods companies is Costco Wholesale (NASDAQ: COST), a popular discount warehouse club.The company has the second-largest market cap in the consumer goods sector, according to research from The Motley Fool, reaching $435 billion. Only Walmart is larger, putting Costco in a very exclusive club.Investors love Costco stock, considering that it has nearly doubled in value over the past three years. Those impressive gains, along with the company's growth, have some investors wondering whether now is the right time to buy Costco. Here's what the company is doing right and why it's likely a smart move to add this stock to your portfolio.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool