12 Best FMCG Stocks to Buy According to Billionaires

3. Costco Wholesale Corporation (NASDAQ:COST)

Number of Billionaire Investors: 16

Number of Hedge Fund Holders: 96

Costco Wholesale Corporation (NASDAQ:COST) is engaged in the operation of membership warehouses. Bank of America Securities analyst Robert Ohmes reiterated a “Buy” rating on the company’s stock, setting a price objective of $1,095.00. The analyst’s rating is backed by factors demonstrating its strong performance and strategic positioning. Costco Wholesale Corporation (NASDAQ:COST) posted healthy financial results for Q2 2025, with EPS exceeding expectations despite the foreign exchange challenges. In Q2 2025, it saw diluted EPS of $4.02 as compared to $3.92 in Q2 2024. Elsewhere, analyst Zhihan Ma of Bernstein maintained a “Buy” rating on the company’s stock, boosting the price objective to $1,177.00.

This analyst believes that Costco Wholesale Corporation (NASDAQ:COST) has consistently surpassed the expectations, mainly in terms of sales, despite some minor setbacks related to margins and membership fee income. As per the analyst, Costco Wholesale Corporation (NASDAQ:COST) happens to be a high-quality company possessing numerous opportunities for global warehouse expansion, which can drive a long-term growth trajectory. Its business model gives it significant bargaining power and flexibility when it comes to adapting to changes in tariffs.

Furthermore, Costco Wholesale Corporation (NASDAQ:COST)’s relatively low exposure to imported goods bolsters the position, says the analyst. Overall, the growth of the broader FMCG sector remains well-aligned with the company’s core business model. With the demand for FMCG products increasing, the company can reap the benefits coming from increased scale, enhanced private-label opportunities, and broad-based product selection, together with expansion in the new markets.