5 Best Low-Risk Stocks to Buy Right Now

3. Costco Wholesale Corp. (NASDAQ:COST)

No of HFs: 73

Total Value of HF Holdings: $3.85 Billion

COST lost 11.9% in March 2020 and ranks 3rd on our list. At the end of September, a total of 73 hedge funds tracked by Insider Monkey were long this stock. An insider recently purchased 3,000 shares at $242 in April 2019. The stock is up 46% since then. Saturna Capital Corporation mentioned COST in its Q1 2020 investor letter:

“For those not signed up for Amazon Prime, there’s still Costco, another firm in an enviable position when consumers are stocking for hard times.”

Costco Wholesale Corporation (NASDAQ:COST)