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MarketBeat
MarketBeat
Dan Schmidt

Costco’s Secret Growth Engine May Be Running Out of Gas

The Iran war caused many price spikes across the commodity spectrum, and consumers faced one every time they needed to fill up their tanks. Gas prices are posted at every intersection and street corner, serving as a painful daily reminder of our diminishing purchasing power.

But one company that turned garbage into gold during the spike was Costco Wholesale Corp. (NASDAQ: COST).

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