Costco stock climbs to 52-week high

Yahoo Finance's Brian Sozzi discusses why Costco stock is trending higher.

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BRIAN SOZZI: All right, and before we head to break, we have to touch on shares of Costco. The retailer's ticker page has been among the hottest on the Yahoo Finance platform the past 24 hours as the stock has climbed to a 52 week high. The move higher in the stock reflects really two factors. First, the company offers the cheapest gas in town and that is a good place to be right now. And two, Costco will likely raise its membership fees soon, which will be a major profit tailwind. This is something I've wrote at length about. I have a story on the Yahoo Finance home page about this right now.