Should You Buy Costco Wholesale Stock While It's Below $1,000?
Costco's stock has been falling in recent weeks and it's down 11% from its high.
Should You Buy Costco Wholesale Stock While It's Below $1,000?
Overview
Shares of Costco Wholesale (NASDAQ: COST) have been falling in recent weeks. The retail stock is now down about 11% from its 52-week high of just under $1,097. It's not a huge sell-off by any stretch, but given how strong its gains have been in recent years and how solid a business it has been, it may still make for an enticing option for investors to consider.
On Monday, the stock was trading at around $975. Is it a good buy while it remains below the $1,000 mark?
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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.
