Costco Wholesale Corp (COST) has been generating strong investor interest with notable features like a significant $1.16 per share
dividend, consistent stock price growth, and promising global expansion across 897 warehouses. As per recent data, its shares have been purchased by multiple asset managers, including Brighton Jones LLC, TABR Capital Management LLC, and True North Advisors LLC. This evinces bullish confidence in its long-term growth performance. Meanwhile, the corporation's immense
institutional ownership at 69% also speaks to its market strength and potential for ongoing growth. Reputable investors such as Louis Navellier have singled out COST as one of the top long-term stock picks. Further bolstering investor faith, Costco's robust
Q4 growth, amplified
digital presence, and strengthened commitment to
sustainability mark it as a standout performer in the retail sector. Its effective e-commerce growth coupled with a successful membership model has greatly contributed to its operative success. Analyst Jim Cramer has praised Costco's business model and method of transition as being among the best he has seen.
Costco Wholesale Corp COST News Analytics from Mon, 15 Jul 2024 07:00:00 GMT to Sat, 25 Jan 2025 10:31:26 GMT -
Rating 8
- Innovation 7
- Rumor -1
