Costco Wholesale Corporation is among the 15 Best Wide Moat Dividend Stocks to Invest in, according to Insider Monkey. Mizuho raised its price target on Costco to $1,065 from $1,000 and maintained its Outperform rating, citing rebounding membership trends and consumer spending levels. Costco’s consistent strategy has led to significant stock outperformance over the past five years, up more than 177%.

The retailer’s loyal customer base and buying power contribute to its success, with membership fees serving as a steady source of profit. Costco has raised its dividend for 20 consecutive years, with room for growth due to low payout ratio. Special dividends have been a bonus for long-term shareholders, adding to the appeal of the stock.

Costco operates a global network of membership warehouses and online platforms, offering a wide range of products. While COST is a strong investment opportunity, some AI stocks may offer greater upside potential and less downside risk. Investors seeking undervalued AI stocks can explore opportunities in the market.

Read more at Yahoo Finance: Mizuho Raises Costco (COST) Target as Membership Trends Rebound