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Costco has been one of the market's biggest winners for decades, and it's important to understand why.
Costco (COST 2.48%) has been one of the biggest winners in the market over the past three decades, and investors can learn a lot from the company's success. In this video, Travis Hoium explains the company's business model and how it's so powerful.
*Stock prices used were end-of-day prices of Dec. 11, 2024. The video was published on Dec. 12, 2024.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Robinhood Markets. The Motley Fool has positions in and recommends Amazon, Costco Wholesale, Target, and Walmart. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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