Costco Stock Surges 3.81% in Three Days Becomes 26th Most Traded by Volume

On April 2, 2025, Costco Wholesale Corporation (COST) saw a 1.12% increase in its stock price, marking its third consecutive day of gains and a total rise of 3.81% over the past three days. The company's stock closed at $965.08, with a trading volume of 1,686,305 shares. This performance placed Costco as the 26th most traded stock by volume on the day.

Analysts have highlighted Costco's attractiveness as a recession hedge. TD Cowen analyst Oliver Chen noted that the retailer's recent pullback following its earnings report has made its stock more appealing. This sentiment is echoed by other market experts who view Costco as a strong defensive play in an uncertain economic environment.

Jim Cramer, a prominent financial commentator, has also recommended Costco as a buy, citing the company's robust business model and its ability to outperform the market. Cramer's endorsement is based on research showing that mimicking the top stock picks of successful hedge funds can lead to superior returns.

Costco's strong performance is also attributed to its Kirkland Signature brand, which has become a significant financial success. The brand's popularity has contributed to the company's overall growth and resilience in the face of market volatility.