Louis Navellier’s Top 10 Stock Picks Heading into 2025

4. Costco Wholesale Corporation (NASDAQ:COST)

Navellier & Associates’ Stake Value: $19.18 million

Number of Hedge Funds Holders: 75

Costco Wholesale Corporation (NASDAQ:COST) operates a membership-based warehouse club chain, offering discounted bulk pricing on a wide range of products, including groceries, electronics, and household goods. The loyalty of its members drives the company’s profitability, with membership fees serving as a major contributor to its revenue.

In Q4 2024, Costco Wholesale Corporation (NASDAQ:COST) reported strong financial results, with revenue climbing 1% year-over-year to $79.7 billion and net income rising 9% to $2.354 billion, while e-commerce sales were a standout, surging by 18.9%. Additionally, the company updated its executive bonus plan to include environmental and social performance criteria, effective fiscal year 2025, reflecting its commitment to sustainability.

On October 17, Tigress Financial Partners reiterated its Buy rating for Costco Wholesale Corporation (NASDAQ:COST) shares and raised the price target to $1,065. The firm attributed its bullish stance to Costco’s consistent in-store traffic and robust e-commerce growth. Tigress also emphasized Costco’s ability to deliver above-average Return on Capital and growing Economic Profit, key contributors to enhanced shareholder value.