Costco could do well during a recession if consumers seek more bang for their buck.
The merchandiser has carried its momentum from the pandemic's onset forward. In this video, I will look at whether Costco's (COST -0.55%) stock is a buy right now using my six-step framework for analysis.
Stock prices used were the afternoon prices of Sept. 22, 2022. The video was published on Sept. 23, 2022.
Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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