10 Best Stocks to Invest in During a Recession

Page 9 of 10

2. Costco Wholesale Corporation (NASDAQ:COST)

Number of Hedge Fund Holders: 106

Costco Wholesale Corporation (NASDAQ:COST) is one of the 10 best stocks to invest in during a recession.

On February 27, 2026, Costco Wholesale Corporation (NASDAQ:COST) received a Neutral rating from Citi, maintained by analyst Steven Zaccone, with a price target of $1,000. Previously, on February 20, 2026, Steven raised the stock’s price target from $990 to $1,000, citing a modest beat in same-store sales and earnings during the fiscal second quarter.

Separately, Bank of America re-initiated coverage on Costco Wholesale Corporation (NASDAQ:COST) with a Buy rating and a price target of $1,185 on February 27, 2026. The firm’s analyst noted that Costco Wholesale Corporation (NASDAQ:COST) has strong appeal among high-income consumers, offering a highly competitive price that pleases shoppers who prioritize value. According to BofA, this appeal strengthens the company’s position as a leader in the K-shaped economy.

As of March 5, 2026, CNN recorded a consensus Buy rating from 37 analysts covering Costco Wholesale Corporation (NASDAQ:COST). The 1-year median upside potential stands at 9.26%.

Founded in 1983, Costco Wholesale Corporation (NASDAQ:COST) is a leading American multinational membership-only warehouse club operator headquartered in Washington.

Page 9 of 10