With the Market Sliding, Costco Is Worth Every Dollar of $1,000
Costco's all-weather appeal makes it a relative market winner when the stock market is at its worst.
Overview
The market had a challenging week. The two most popular market indexes declined 2% to 5%. It's still been a winning year for many investors, but if the market continues to slide this summer, you might want to warm up to some stocks that can do well in a dicey market environment.
Costco (NASDAQ: COST) scratches that itch. The country's leading warehouse club operator isn't just recession-resistant. At its best, the chain can also be recession-resilient. Let's take a closer look at why Costco could be worth every dollar of the next $1,000 you put to work in the market.
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.