Should You Buy the Dip on Costco Wholesale Stock?

For a while, it looked like Costco Wholesale (NASDAQ: COST) stock would continue climbing without end. Despite a seemingly high valuation, investors were willing to pay a sizable premium for the company. The business has also looked unstoppable, performing well while other retailers have struggled.In recent months, however, the stock has been in a bit of a tailspin. Its shares lost 11% of its value in six months, and recently were down around 15% from the company's 52-week high of $1,078. Could this be a golden opportunity to buy shares of one of the top retail stocks in the world?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool