Costco beat on earnings and won Wall Street upgrades. What the pros say to do next
September 27, 2023
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Market Movers rounded up the latest reactions on Costco from investors and analysts. The pros, including Jim Cramer , discussed the leading wholesale club after it topped earnings and revenue expectations and reported 71 million paid household members, up nearly 8% from a year ago. Costco’s stock received several analyst upgrades after the results, closing Wednesday up 1.9%. It is currently held in Cramer’s Charitable Trust portfolio.