3 Reasons to Buy Costco Stock Like There's No Tomorrow

If you crave exciting investments, Costco Wholesale (NASDAQ: COST) probably isn't for you. Selling groceries in bulk is far from world-changing, and single-digit growth is the norm for this membership-based retailer.If your goal is reliable long-term investments, this ho-hum name is worth considering despite its stock's premium valuation. What the company lacks in pizzazz, it more than makes up for in a bunch of other ways. Three of these ways stand out from the rest.Costco Wholesale is considered a club-based warehouse retailer. That just means it charges customers or businesses an annual fee for the privilege of (usually) buying in bulk. It's the United States' third-biggest grocer, in fact, according to data from market research outfit Numerator, behind Walmart and Kroger. It also sells non-grocery goods like clothing, appliances, computers, and furniture, but food is its biggest moneymaker.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool