It doesn’t matter how steep of a downturn it takes — consumers still need soap, detergent, toothpaste, toilet paper and food, which makes COST stock attractive. In addition, as also reported by Barron’s Rivas: “’Near-term, the market may be underestimating the strength of Costco’s position with higher inflation’ wrote Jefferies analyst Stephanie Wissink, given that the overall results confirmed the company’s ability to handle this and other supply-chain related headwinds. InvestorPlace - Stock Market News, Stock Advice & Trading Tips With inflation heating up, Costco Wholesale (NASDAQ: COST) is one of the safest bets in the market.