The Best Stock to Invest $1,000 in Right Now
If you want in on a great stock for your next investment, join the club.
Overview
Even if it means buying just a single share, it's hard to find a better stock to own right now than Costco (NASDAQ: COST). The country's leading warehouse club operator has historically been an all-weather performer. Despite charging annual membership fees, Costco's ability to deliver value to shoppers with meager mark-ups on essentials keeps them close.
Costco's stunning 13.7% jump in comps for May shows its resilience. It will report June's performance on Wednesday of this week. Shoppers know that $1,000 goes a long way at Costco. It could be time for investors to see things the same way.
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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.