News about COST

ETFs bought a net $110.6 million of Costco Wholesale (COST) on Monday, led by Invesco QQQ, which added $81.5 million. 38 ETFs bought while 27 sold, and 145 held steady. QQQ raised its stake by 0.85% to 9,303,659 shares, while SPY added $27.7 million, IVV $12.0 million and QQQM $8.8 million. The buying extended a two-day streak, following $31.6 million on Oct. 30 and net selling of $75.6 million on Oct. 29. Costco's market cap is $451.7 billion and its year-to-date return is 18.89%.

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.

On Thursday, Oct. 29, 31 ETFs bought shares of Costco (COST) and 24 sold, but the sellers traded in larger amounts, leaving a net outflow of $75.6 million. This ended a two-day run of net buying totaling $94.1 million on Oct. 28 and $25.3 million on Oct. 27. The largest sellers were QQQ ($43.8 million), AVLV ($15.5 million) and SPY ($13.5 million). Over the last 5 reported days, ETFs were net buyers on 2 and net sellers on 3.