Adam Rueda ’19 pitched Costco Wholesale Corporation (COST) to the Student Managed Investment Fund (SMIF) on October 22, 2018. Costco is an American, multi-national corporation that manages 700+ membership-based warehouse clubs that continue to provide their customers with the best prices and savings over a wide variety of products and services. Costco first went public in 1985 and has not slowed down since. Costco pulled in more than $120 billion in revenues in fiscal year 2017 and sport a 90% membership renewal rate in the US. Costco continues to lead the way in terms of operating and logistical efficiencies and passes these savings onto their faithful members worldwide. Costco boasts 94.3 million members over 11 countries ranging from the US to Canada to Taiwan. Costco was rated #1 in Forbes’ “America’s Best Large Employers” above Google and Penn Medicine. The large corporation remains extremely active in the communities and environments they impact. As Costco continues to build stores in new markets as well as increase store traffic, Costco is truly a premier company from top to bottom. The class voted to buy 50 shares of Costco, making COST more than 1% of Monday SMIF’s portfolio.