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This 'Recession-Proof' Stock Just Set New Highs and Is Flashing 'Buy' Signals

Cencora (COR) is a healthcare solutions provider with strong technical "buy" signals and consistent price appreciation. ・The stock has gained 20.47% since a "buy" signal was issued on Jan. 16. ・Drug stocks like Cencora tend to be recession-proof,

The article discusses the performance of Costco Wholesale Corporation (COST), highlighting its resilience and growth despite economic challenges. Costco's stock recently hit new highs, driven by strong sales and earnings growth, with a 6.5% increase in same-store sales and a 16% rise in earnings per share in the latest quarter. The company's ability to maintain low prices and offer a wide range of products has helped it attract and retain customers, even during inflationary periods. Analysts are optimistic about Costco's future, pointing to its consistent performance, membership growth, and potential for expansion. The article suggests that Costco's stock is flashing buy signals, supported by its strong fundamentals and market position, making it an attractive investment in uncertain economic times.

Read the Full Barchart Article at:
https://www.msn.com/en-us/money/topstocks/this-recession-proof-stock-just-set-new-highs-and-is-flashing-buy-signals/ar-AA1CieE9