Reported 1 day ago
Analysts are highlighting Costco Wholesale Corporation (COST) as a leading counter cyclical stock, which tends to perform well during economic downturns. With a 13.07% average upside potential and strong Q2 fiscal 2025 earnings, Costco's appeal lies in its ability to attract cost-conscious consumers through bulk pricing and memberships. Given the current economic uncertainties, including declining consumer confidence, counter cyclical stocks like Costco may offer investors stability and potential returns despite market volatility.
Source: YAHOO