Issaquah's Costco Wholesale Co. stock hit a new 52-week high Tuesday, trading briefly as high as $75.82 a share before closing at $74.93 a share.
The prior 52-week high was $75.48.
The closing price of $74.93 was an increase of 76 cents a share over Monday’s close. That price was a 1.02 percent increase over the prior day’s closing price.
Analysts are still recommending investors buy Costco, citing the wholesale warehouse company’s increasing sales. Costco is the nation’s largest warehouse retailer and Washington’s largest company by sales.