In this segment from Friday's Investor Beat, host Chris Hill and Motley Fool Million Dollar Portfolio analyst Ron Gross discuss Costco (NASDAQ:COST). The company reports earnings next week, and Ron tells investors that this is one of his personal favorite stocks, but that the Million Dollar Portfolio service has had the stock as a "hold" for a while after the stock price ran above $115. Ron will be watching the earnings closely, as he would love to have a reason to upgrade Costco back to a buy.

Chris Hill has no position in any stocks mentioned. Ron Gross owns shares of Costco Wholesale. The Motley Fool recommends Costco Wholesale. The Motley Fool owns shares of Costco Wholesale. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.