Costco (COST) is an enduring, recession-proof business, a not unimportant consideration with economists forecasting one is on the horizon by either the end of this year or the beginning of 2026.
Costco is an impressive growth story beyond just its share price. The retailer’s earnings not only are growing, but are steadily increasing year after year. Stocks with predictable cash flows shine brighter than others and investors flock to those companies able to grow earnings.
It likely explains COST stock’s growth over time, regardless of market conditions. Its dividend is undoubtedly another reason.
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