25.01.2025 10:49:00

Costco Has Soared 35% Over the Last 12 Months. Here's What's Next for the Stock, According to Wall Street.

Selling hot dogs for $1.50 is only one thing to like about Costco Wholesale (NASDAQ: COST). The stock has also been a big winner for investors.Costco's share price has soared roughly 35% over the last 12 months. The stock has tripled over the last five years. Will the good times keep rolling? Here's what's next for Costco, according to Wall Street.There's a simple explanation why Costco has delivered such impressive returns: Its business is booming. Costco reported year-over-year revenue growth of 7.5% in its fiscal 2025 first quarter, which ended on Nov. 24, 2024. The discount chain's profits jumped 13.2% year over year. Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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