Investors buy Costco stock due to economic uncertainty
fool.com —
Costco's stock price has risen 11% this year, outperforming the S&P 500, as economic uncertainty and tariffs fuel investor interest in the company. Costco's strong performance stems from its membership-based, low-price model, which attracts a loyal customer base and generates consistent revenue, even during economic downturns. Recent financial results show sales and earnings growth. The stock's high valuation is a concern, but its resilience and dividend make it attractive. Analysts suggest that investors with a long-term outlook may consider buying Costco stock now.