5 Best Growth Stocks to Buy Today According to Billionaire Ken Fisher

2. Costco Wholesale Corporation (NASDAQ:COST)

Latest Price To Forward Earnings Ratio: 40.32

Costco Wholesale Corporation (NASDAQ:COST) is an American discount retailer with a presence all over the country. The firm is due to report its first quarter earnings soon, and the results will shed light on the state of the U.S. economy as well as Costco Wholesale Corporation (NASDAQ:COST)’s development initiatives.

Insider Monkey dug through 910 hedge fund holdings for this year’s September quarter to discover that 65 had bought and owned Costco Wholesale Corporation (NASDAQ:COST)’s shares. Ken Fisher’s Fisher Asset Management was the biggest investor among these as it owned 2.7 million shares that are worth $1.5 billion.

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