News · Yahoo Finance

The Best Blue Chip Stock to Buy in November and Hold for 10 Years

Costco's stock has risen more than 600% over the past ten years, and with reinvested dividends its total return reached 728%, versus 326% for the S&P 500. The author argues Costco remains a blue-chip stock worth holding for another ten years, citing cardholders up 3.6% to 150.4 million at the end of fiscal 2026, a worldwide renewal rate up 10 basis points to 89.8% in Q4, and warehouses rising to 939 from 914. Comparable store sales rose 8.4%, its 17th consecutive year of positive comps growth. Analysts expect revenue and EPS to grow at 8% and 10% CAGRs from fiscal 2026 to 2029. Although the stock trades at 46 times this year's earnings, the author says its scale, customer stickiness and inflation resistance justify that valuation.

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MarketUS stocks
SectorInformation Technology
IndustrySemiconductors
Market cap$5.1T
Close on 11/03/2026206.57
Change that session+2.23%
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