Where Will Costco Be in 1 Year?

It seems no matter what time frame you use, shares of Costco Wholesale (NASDAQ: COST) outperform the broader market. The business has been a huge winner over the long term. And even in the past 12 months, it's generated a total return of 33%, ahead of the S&P 500's 9%.This top retail stock is now taking a breather along with the rest of the market, trading 10% below its record. Investors who have been watching from the sidelines might be ready to scoop up shares. Where will Costco be in one year?Investors are worried about the state of the economy. Inflation remains above the Federal Reserve's 2% target. Credit card debt is at an all-time high. There's ongoing uncertainty surrounding tariffs. And consumer confidence continues to decline. As a result, many people fear a recession happening in the near term.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool