The following video is from Thursday's MarketFoolery podcast, in which host Chris Hill and analysts Andy Cross and Matt Koppenheffer discuss the top business and investing stories of the day.
Costco (NASDAQ:COST) reported a 19% increase in third-quarter profit and shares of the retailer hit an all-time high in the wake of the news. What's behind Costco's success? Will the retailer continue to be a big hit on Wall Street? In this installment of MarketFoolery, our analysts discuss the future of Costco.
The relevant video segment can be found between 0:28 and 5:48.
Andy Cross and Chris Hill have no position in any stocks mentioned. Matt Koppenheffer owns shares of Wal-Mart Stores and Target. The Motley Fool recommends and 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.