Why It’s Important to Buy Costco (COST) Stock Right NowWhen the deal was announced in mid-June, Costco stock fell off a cliff from $180 to $167 a share. Since then, Costco stock has just continued to slide lower. Amazon is cutting prices at America’s premier grocery story. The net result is increased traffic at Whole Foods and lower traffic at traditional grocers like Kroger Co (NYSE:KR), Sprouts Farmers Market Inc (NASDAQ:SFM), and Supervalu Inc. (NYSE:SVU).

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