Costco Wholesale Corporation (COST) is a leading membership-based warehouse club operator that offers a wide range of essential goods, like groceries and several household items. The company’s stronger-than-expected sales across all regions marked a record year, sending its shares to an all-time high. Further, the recently implemented rise in membership fees raised price targets for its stock.
The company’s shares have soared 32.7% year-to-date. Also, shares of COST gained 24.1% over the past six months and 55% over the past year to close its last trading session at $875.67.
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