Posted 4/6/2024, 7:05:00 AM
Bull Market Fuels Recommendations for HubSpot, Costco Stocks
- A bull market is underway, making now a good time to buy quality stocks like HubSpot and Costco that can perform well long-term
- HubSpot provides software to help small/medium businesses with marketing, sales, and content creation. It has growth potential as digital services expand.
- Costco's membership model creates customer loyalty and sticky revenue even during tougher economic times. Shoppers see value in bulk discounted essentials.
- Both HubSpot and Costco have posted strong recent revenue growth - 25% and 6% respectively last year.
- The article recommends buying $5,000 worth of stock in each company. That would equate to about 7 shares of HubSpot at $730/share, and 7 shares of Costco at $740/share.