Costco's Setup Bodes Well For Stock's Recovery -- Market Talk
Dow Jones12-12 21:00
0800 ET - JPMorgan analysts say that, moving forward, they expect Costco's sales to accelerate, executive membership to continue to grow and renewal rates to tick back up. "This setup bodes well for Costco to reverse the burden of proof on its stock and chart death," they say in a research note, pointing out that the company's stock has lost nearly a fifth of its value since its peak early this year. The analysts see an opportunity for the stock to reverse course heading into the spring, given ongoing momentum in the business. (connor.hart@wsj.com)
(END) Dow Jones Newswires
December 12, 2025 08:00 ET (13:00 GMT)
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