Costco's Stock Is Near All-Time Highs, but There Could Be Trouble Ahead

Costco Wholesale (NASDAQ: COST) has routinely been a top retail stock to own. It's coming off a stellar performance in 2024, when its shares rallied nearly 39%. And there's good reason for that, as the company has continued to post strong, resilient growth numbers even as other retailers struggled due to rising costs.But the problem is that with the stock rising rapidly and now trading at an inflated valuation, near its all-time high, it could be ripe for a decline. And there could be a major headwind looming, which could provide investors with a reason to consider selling the stock sooner rather than later.Last week, the Costco Teamsters, a union of 18,000 employees, voted in favor of a strike if a new contract is not reached before the current one expires on Jan. 31. That represents a little more than 8% of the workers Costco employs in the U.S., and it could affect more than 50 stores across the country. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool