Costco Drops to 19th in Trading Volume Ranking Despite Strong Earnings

On April 8, 2025, Costco's trading volume reached $32.22 billion, marking a 22.79% decrease from the previous day. This placed Costco at the 19th position in terms of trading volume for the day. The stock price of Costco (COST) increased by 0.07%.

Costco Wholesale Corporation reported strong second-quarter fiscal 2025 earnings, with net income of $1.788 billion, or $4.02 per diluted share. This performance underscores the company's robust financial health and operational efficiency.

Ken Fisher, a renowned billionaire investor and financial analyst, has included Costco in his list of defensive stocks. Fisher is known for his contrarian investment approach and his belief in capitalism. He founded Fisher Asset Management and is recognized for his data-driven value mindset, which he combines with his father's growth philosophy. Fisher's investment strategy often involves using the Price/Sales ratio to identify undervalued companies, as sales are more stable and reflective of a company's business strength compared to earnings.

Fisher's views on the market are influenced by his belief that political developments rarely affect long-term market trends. He has previously downplayed the impact of tariffs, stating that businesses are adaptable to changing economic policies. However, he recently criticized the government's plan to impose wide tariff measures, suggesting that the fear surrounding these measures is greater than the actual problem, which he sees as bullish for the market.