After Soaring 50% This Year, Can Costco Wholesale Stock Continue Its Impressive Rally in 2025?

This year has been a challenging one for many retailers, but Costco Wholesale (NASDAQ: COST) isn't one of them. The business has continued to do well under a myriad of economic conditions, continuously posting strong quarterly results. And entering this week, the stock has risen by 50%, outperforming the S&P 500 index and its 27% gains by a wide margin.But that doesn't mean it'll necessarily be smooth sailing for Costco heading into 2025. The retail stock is trading at record highs, and investors are now paying a massive 58 times trailing earnings to own a piece of the business. Can Costco's stock continue building off of its massive gains next year, or is it due for a correction?On Dec. 12, Costco reported its first-quarter earnings for fiscal 2025. It was a strong showing for the business, with Costco growing its net sales by 7.5% for the period ending Nov. 24 to just under $61 billion, as it got a small boost from an increase in membership prices. Comparable-store sales growth of 5.2% also showed that the business remains resilient, and that even as discount retailers and dollar stores are struggling, people are seeing plenty of value at Costco's warehouses.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool