7 Best Sunglasses Stocks to Invest in 2017

3. Costco Wholesale Corporation (NASDAQ:COST)

Next on our list of 7 best sunglasses stocks to invest in 2017 is Costco Wholesale Corporation (NASDAQ:COST), which is swiftly consolidating its footprint in the eyewear industry. The world’s second largest retailer has special eyewear and sunglass centers worldwide. Costco’s eyewear business is known as Costco Optical. In 2015, Costco Optical reported a revenue of $915.2 million. Costco’s glasses are extremely cheap as compared to other brands. You can buy a decent lenses with frame from Costco under $190. Costco’s ecommerce platform enlists several best-selling sunglasses brands, including Maui Jim, Serengeti and Stella McCartney. At the end of March, 46 hedge funds tracked by Insider Monkey reported owning shares of Costco Wholesale Corporation (NASDAQ:COST). The net worth of these shares is $2.35 billion.

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