Prediction: Costco Will Become a Trillion Dollar Company on This Date
This article predicts that Costco (COST) will become a trillion-dollar company by 2035, reaching $2,250 per share. Despite its current market cap of $422 billion and relatively slow stock growth, strong fundamentals like 45.5% earnings growth, an 89.7% worldwide membership renewal rate, and increasing executive membership penetration support this long-term outlook. The author argues that while Wall Street sees limited upside, compounding earnings growth and strategic expansions could drive the stock to this ambitious target.
Why it matters
Attributed market update with source link for portfolio context.