The Latest Breaking News from Costco

Philip Boal was told to take paracetamol when he first complained of his illness

There is plenty of uncertainty and unpredictability in the stock market these days. Investors looking to play defense against rising interest rates, elevated inflation and geopolitical uncertainty can always turn to the consumer staples sector for some solid recession-resistant investments.

Costco stock is one of the best in the market right now and its recent run to all-time highs shows why.

Truist analyst Scot Ciccarelli raised the price target on Costco Wholesale Corp (NASDAQ: COST) to $634 from $603 and kept a Buy rating on the shares.

Costco Wholesale Corporation (NASDAQ: COST) gapped up into blue skies on Thursday and rose about 2% of the open to reach a new all-time high of $603.78. All-time highs generate excitement and interest that can translate into increased buying pressure and above average volume.

At March 31, Costco had 829 warehouse locations, up 2.7% from 807 a year earlier.

Costco Wholesale Corp (NASDAQ: COST) shares are trading higher Thursday after the company reported March net revenue results that were higher year-over-year.

The Leeds United and England star was happy to stop and pose for pictures with fans

Driving to the mall just became a pricey endeavor.