Costco Wholesale Corporation(COST) has reported consistently strong performance, including the firm maintaining its market share growth, scaling of its brand, strong sales growth, and positive quarterly returns despite the volatile tariff environment. Jim Cramer supports COST's business model, which he says focuses on volume, and even expressed an intent to purchase more. Certain insiders have made recent stock sales, like Susan Decker and Pierre Riel. Still, this has not deterred the general positivism among investors. Meanwhile, an independent valuation suggests that COST's shares could be undervalued by 32%. The corporation also made a significant announcement: a 12.1% dividend increase. Despite the impact of tariffs and inflationary pressures, the retailer's stock remains among the best retail stocks to buy, even being dubbed as 'Forever Dividend Stocks'. The corporation also declared that they are testing a stand-alone gas station for its members.
Costco Wholesale Corp COST News Analytics from Fri, 22 Nov 2024 08:00:00 GMT to Fri, 20 Jun 2025 22:01:08 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor -4
