Costco
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Caroline Cremen from Adviceworx chose Costco as her stock pick of the day.
"The company's called Costco, it is an American supermarket chain, if you think a little bit like Makro, there's a big box store you buy in bulk, but this company doesn't make its money on the margins of the good it sells, it makes its money from the memberships and it has a very very loyal membership basis. This is a really solid business they've done really well during Covid and they continue to do well."
"The company's called Costco, it is an American supermarket chain, if you think a little bit like Makro, there's a big box store you buy in bulk, but this company doesn't make its money on the margins of the good it sells, it makes its money from the memberships and it has a very very loyal membership basis. This is a really solid business they've done really well during Covid and they continue to do well."
