William Blair Maintains Bullish Stance on Costco Wholesale (COST) Stock

Costco Wholesale Corporation (NASDAQ:COST) is one of the Best Fundamentally Strong Stocks to Buy. On November 6, William Blair analyst Phillip Blee maintained the bullish stance on the company’s stock. The analyst’s rating is backed by the company’s impressive performance in October, highlighting Costco Wholesale Corporation (NASDAQ:COST)’s robust merchandising capabilities.

William Blair Maintains Bullish Stance on Costco Wholesale (COST) Stock

Notably, the company reported net sales of $21.75 billion for the retail month of October, 4 weeks to November 2, 2025. This reflects a rise of 8.6% from $20.03 billion last year. As per the analyst, Costco Wholesale Corporation (NASDAQ:COST) strategically changed its product focus from seasonal items to more enduring categories, including apparel and home goods.

This has been effective in maintaining customer interest and sales. This adaptability, together with a limited SKU assortment as well as a skilled team of merchants, places the company well for the holiday season. Furthermore, the analyst believes that Costco Wholesale Corporation (NASDAQ:COST) is a market leader, thanks to its curated product mix, robust value proposition, and appeal to higher-income consumers.

Despite the international markets demonstrating softer-than-expected performance, Costco Wholesale Corporation (NASDAQ:COST)’s valuation is justified considering its consistent performance in the consumer sector, added Blee.

While we acknowledge the potential of COST to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than COST and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.