Shares of Costco Wholesale Corporation (COST) have shown a remarkable run on the bourses, surging 37.6% over the past year. This impressive uptick in the stock price has left investors contemplating whether this momentum can continue or if the stock is due for a pause. With its market dominance and resilient business model, Costco has long been a favorite among investors seeking stable growth. But with the stock’s hefty gain, is it still a compelling buy, or has it become too expensive?Closing at $927.37 ye ...

Shares of Costco Wholesale (COST 0.65%) jumped 38.8% in 2024, according to data from S&P Global Market Intelligence. The famous membership-based retailer had another solid year opening new stores and growing its footprint in the e-commerce market. Now one of the largest companies in the world with a market cap of over $400 billion, Costco is firing on all cylinders and generating annual sales of $260 billion.Here's why the stock was higher yet again in 2024.Dominant retail modelCostco's retail model gives i ...

Key TakeawaysOppenheimer analysts stuck with their "outperform" rating on Costco Wholesale on Thursday after the retailer posted strong December sales numbers.Catalysts for Costco's shares "include a potential stock split," the analysts wrote.Costco shares closed Wednesday at $927.37 and are up 41% in the past year. Oppenheimer analysts stuck with their "outperform" rating on Costco Wholesale (COST) Thursday after the retailer posted strong December sales numbers, noting that catalysts for its shares "inclu ...

Key TakeawaysCostco's net sales during the five-week December period improved 10% year-over-year.Holiday period sales beat analysts' expectations amid improving consumer spending environment, JPMorgan said.Citi analysts said they expect the stock to see "modest strength" after shares pulled back from a record high last month. Costco Wholesale (COST) posted holiday sales figures Wednesday that blew past analysts' expectations.  The membership-based retailer reported net sales of $27.52 billion in the five-we ...

Costco Wholesale Corporation (COST) concluded 2024 on a high note, delivering exceptional sales growth in December. The robust same-store sales growth with notable gains across key regions reflects Costco’s strategic focus on value and quality, which continues to resonate with its loyal customer base. This performance highlights the company’s operational excellence and adaptability, even amid shifting economic dynamics.Decoding COST’s December CompsCOST’s comparable sales for December illustrate its market ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Costco Wholesale Corp COST reaffirmed its retail dominance, reporting an impressive 9.8% growth in December U.S. core sales. This result exceeded Wall Street’s 5.2% estimate and topped JPMorgan’s optimistic 6.7% forecast.JPMorgan analyst Christopher Horvers credited Costco's results to "market share gains, a shorter season, and a bit better consumer" working in tandem.E-commerce surged 35.7% year-over-year, partly thanks to Black Friday sales booked in December due to a holiday calendar shift.Meanwhile, int ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a disclosure policy. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Inflation has steadily cooled over the past two years, despite seeing a slight stall in October and November. Prices for items such as gasoline, used cars and energy have all declined accordingly. However, food prices continue to outpace inflation, increasing by 28% since 2019.More than 85% of consumers report feeling frustrated with rising grocery prices, and over a third say they have resorted to buying fewer items to save money, according to a 2024 survey by RR Donnelley.However, experts say high food pr ...