Can Buying Costco Stock on the Dip Help Make You a Millionaire?

Investors aren't fans of uncertainty. And there has been a lot of uncertainty rattling the market in the past couple of weeks, mainly related to the tariff announcements made by the new Trump administration. As a result, the S&P 500 trades around 9% off its peak from February (as of March 18). Even some of the best businesses haven't been spared. Just look at Costco Wholesale (NASDAQ: COST), whose shares have generated a wonderful 224% total return just in the past five years. This top retail stock is 16% below its record, which was established in February.I'm sure investors are looking at Costco as a potential buy-the-dip candidate right now. But can the membership-only warehouse club help make you a millionaire?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool