Costco Wholesale Corporation (COST) continues to gain investor attention, often being praised as a safe buy. Despite underperforming compared to rivals on certain days, the stock has showcased strong performance on an overall level, attracting investors for its steady growth and robust financials. Notably,
Evercore ISI has increased its price target to $990, indicating a bullish stance. Amidst economic and technological challenges, Costco strikes to navigate its ESG commitments efficiently as the company expands with new warehouses while managing high valuation concerns. Billionaire investor Ray Dalio sees Costco as the best stock to invest in. The corporation's Q2, Q3, and Q4 earnings depicted strong e-commerce and net growth. Jim Cramer believes that Costco's stock price will always be high and considers it as a 'Buy.' Notably, shares of Costco are popular among institutional owners holding 70% of the company's total. Despite reporting mixed Q4 results, the company managed to outperform competitors on a strong trading day. Director
Kenneth Denman and
Susan Decker sold their shares of Costco. Meanwhile,
Goldman views COST as a long-term AI stock ready to rally.
Costco Wholesale Corp COST News Analytics from Mon, 19 Feb 2024 08:00:00 GMT to Sat, 12 Oct 2024 13:39:02 GMT -
Rating 2
- Innovation 0
- Information 7
- Rumor 1
