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Should Investors Buy Costco Stock on the Dip?

Uncharacteristically, Costco disappointed investors with its latest quarterly results.

By Parkev Tatevosian, CFA – Mar 13, 2024 at 10:00AM EST

Fool.com contributor Parkev Tatevosian reviews Costco's (COST +1.28%) latest investor update and gives his opinion on whether Costco stock is a buy right now.

*Stock prices used were the afternoon prices of March 10, 2024. The video was published on March 12, 2024.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA 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.

Stocks Mentioned

Costco Wholesale Stock Quote
Costco Wholesale
NASDAQ: COST
$999.70
(+1.26%)+$12.49

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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