Costco: ‘One of the Few Large Cap Growth Companies Left in Retail’
September 30, 2016 at 12:12 PM EDT
Shares of Costco Wholesale ( COST ) have jumped today after the big-box retailer reported far better-than-expected earnings after yesterday's close. Credit Suisse analysts Michael Exstein and Christine Lee note that Costco is one of the only retailers left standing in the growth universe. They explain: