Costco Wholesale Corporation (NASDAQ:COST) has been added to Mizuho’s top picks list after a recent pullback, with an upgraded stock rating to Outperform and a price target increase to $1,000 from $950. Despite a 6% drop in shares in 2025, analyst David Bellinger remains optimistic due to historical trends and potential catalysts like wage growth and a special dividend. Costco operates membership-based warehouses and e-commerce platforms, offering a wide range of products. While COST is seen as a solid investment, some believe AI stocks offer greater upside potential.

Overall, investor concerns about Costco’s membership and comp sales growth slowing may be unfounded, with factors like new store openings and trade-up activity suggesting continued success. Bellinger emphasizes high renewal rates and wage growth as positive indicators for the company’s future performance. While Costco remains a strong investment choice, some experts believe other AI stocks may offer greater potential returns in the current market.

Read more at Yahoo Finance: Costco (COST) Added to Mizuho Top Picks After Pullback