Costco beat on earnings and won Wall Street upgrades. What the pros say to do next

📆 9/27/2023 6:14 PM
📰 CNBC

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Pros on CNBC talked about Costco after the wholesale club posted latest quarter results that beat estimates, as memberships rose year over year.

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.

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