Who is billionaire Richard Chilton?

Richard Chilton is a billionaire investor who included Costco in his list of the top 10 stocks to buy.

Should You Buy Costco (COST) Shares? Billionaire Richard Chilton's Pick

Q: What are Costco's latest monthly sales?

Costco reported monthly sales of $24 billion earlier this month.

Q: Why is Costco stock attractive to investors?

Costco's membership-based business model generates stable cash flows, making it attractive in uncertain economic conditions.

Costco Wholesale Corporation (NASDAQ:COST) is among the top 10 stocks favored by billionaire Richard Chilton. The stock has declined 2.4% over the past year but gained 12.3% year-to-date. The company reported $24 billion in monthly sales earlier this month.

June 28, 2026

2 min read

Source: Insider Monkey

Key Numbers

year to date return

12.3%

one year return

-2.4%

latest monthly sales

24B

Billionaire investor Richard Chilton has included Costco Wholesale Corporation (NASDAQ:COST) in his list of the 10 best stocks to buy. This comes as the stock shows mixed performance in the market.

Stock Performance

Costco shares have fallen 2.4% over the past twelve months but have recovered partially with a 12.3% gain year-to-date. This performance reflects the volatility in the consumer defensive sector.

Latest Financial Data

The company reported monthly sales of $24 billion earlier this month. No further details on earnings or guidance were provided.

Billionaire's Rationale

Richard Chilton did not specify his reasons for choosing Costco. However, analysts note that the company's membership-based business model generates stable cash flows, making it attractive in uncertain economic conditions.

What to Conclude

Costco remains a potential long-term investment in the consumer defensive retail sector. However, recent performance suggests investors should monitor developments closely.

Frequently Asked Questions

Costco shares declined 2.4% over the past twelve months but gained 12.3% year-to-date.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.