Great News for Costco Investors
The slumping stock got a boost this week.
Overview
Costco Wholesale (NASDAQ: COST) has always been a reliable market beater ... until this year. Costco stock is up a mere 3.5% over the past year, while the S&P 500 is up 15.6%.
Oddly enough, all of that annual gain for Costco stock happened over the past week thanks to some good news. Is this the start of a comeback?
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.