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Costco shares rise nearly 23% YTD, poised for breakout amid inflation and digital growth.

Technical Signals
18 May 2026
24/7 Wall Street
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Bullish
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Costco's stock has gained nearly 23% year to date, nearing last year's highs and showing potential for a breakout. The company benefits from rising inflation as consumers seek value, making Costco memberships attractive. Its recent strong e-commerce growth and plans to open 28-30 new warehouses annually support future expansion. Despite a high P/E ratio, analysts see Costco as a solid defensive growth stock with potential to reach new all-time highs this summer, especially if margin improvements continue.

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