Costco Wholesale Aktie News

Shares of Costco (NASDAQ:COST) have finally entered correction territory, dipping by close to 14% from its all-time highs.

Costco (COST -0.35%) has earned a reputation for providing great value to members.

As the S&P 500 hovers near its record highs, it might seem risky to buy more stocks. After all, the index is historically expensive at 31 times earnings, and plenty of unpredictable headwinds -- including tariffs, trade wars, geopolitical conflicts, and the government shutdown -- could compress those valuations and drive the bulls out of the market.

CFO Gary Millerchip says Costco attracts younger shoppers under 40 through digital sign-ups, with 81 million total paid members reported.

Blue-chip stocks come to mind. The companies behind these stocks are mature that generate significant profits that they return to shareholders in the form of buybacks and dividends.

This trade can currently be placed for a debit of around $7.00 per set of contracts, or $700.

Some businesses need no introductions. Costco (COST -0.84%) is one of them.