Prediction: Costco Will Be a $500 Billion Stock by 2026

There are only seven trillion-dollar publicly traded stocks today: Apple, Microsoft, Amazon, Nvidia, Alphabet, Meta Platforms, and Berkshire Hathaway. There are another 10 stocks that have a market value of more than half a billion. Just like Berkshire Hathaway only recently became a trillion-dollar stock, these other 10 are excellent stocks that are likely to join the club at some point in the future.Then there are a few more just behind those. Costco Wholesale (NASDAQ: COST) comes in at No. 23 on the list of most valuable publicly traded companies, with a market cap of $389 billion. Costco stock is up 33% this year, and it keeps beating the market despite its high valuation. It should continue to beat the market over the long term, and it's likely to join the half-a-trillion-dollar market cap club by 2026.Investors love Costco stock, and for good reason. It's reliable for growth under almost any circumstances, including recessions and inflation. It's backed up by a strong cash position, excellent return on capital, and robust profitability.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool