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

Costco (NASDAQ: COST) is a company many of us know very well, as it's at the heart of our daily lives -- with more than 600 warehouses throughout the U.S. We run to Costco for deals on everything from groceries to gasoline for our cars, and the company is known for keeping prices low on longtime favorites such as $4.99 rotisserie chicken.Why is Costco so successful? The company buys products in bulk, benefiting from low prices, so that it can, in turn, offer them to customers for a steal. Though Costco's margins on these sales are low, the company scores a win by generating profit from membership fees.All of this has made Costco a great investment, too -- investors love the track record of earnings growth and have steadily picked up shares of this retail powerhouse. That's helped Costco stock advance more than 80% over the past three years. But don't worry -- it's not too late to get in on this top stock. Check out these three reasons to buy Costco stock like there's no tomorrow.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool