Consumers aren't as optimistic about the holidays as they were back in June.
Costco (NASDAQ: COST) has been a fantastic investment, as the stock has climbed 61% in the last three years (as of Sept. 26), a gain that exceeds the performance of the Nasdaq Composite Index. Let's take a look at potential catalysts that could drive this retail stock to new heights. In the latest fiscal year (2023 ended Sept. 3), Costco's same-store sales were up just 3.3% in the U.S., where the vast majority of the company's warehouses are located.
A lot of people rely on prescription drugs to address conditions that might otherwise compromise their health or make their days difficult. Generic drugs can cost significantly less than name-brand counterparts. Generic drugs can cost anywhere from 20% to 70% less than name brands, according to the FDA.