In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Costco (NASDAQ: COST) added value over the past year. For instance, Costco’s cash and short-term investments grew from $9.254 billion on 28 February 2021 to $12.296 billion on 28 February 2022.
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Investors need to watch Child Cash carefully because many companies will make money from it. Moreover, Child Cash could lead to a retail boom and boost retail stocks because it gives consumers money to spend.
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Overall, Costco’s quarterly revenues grew from $39.072 billion on 29 February 2020 to $44.769 billion on 28 February 2021. Costco (COST) is growing and making more money during a pandemic.