Costco's low-margin wholesale model is hard to compete with and should hold up in recessions or consumer stress; the speaker expects 10 to 11% annual returns over the next five years, and sees it as a holding to be grateful for when the Nasdaq and S&P 500 drop 15%, 20% or 25%.

Finally, the eighth on the list, which is usually a list of five companies, is Costco, and its trading symbol is COST. This is a company that most people thought 20 years ago would not withstand the onslaught of Walmart and Sam's Club or the emergence of Amazon as a competitive force.

You know, digital home delivery, how is Costco going to survive that?

Well , thanks to the genius of Jim Sengal, who is a wonderful human being, I have had some opportunities to meet Jim and learn from him directly. This is a company that stands the test of time.

They have built a model that offers wholesale pricing for large- scale solutions to consumers throughout the United States and the world. They are not resorting to additional price increases for goods, which is something they could have done.

They could have made billions more dollars if they had subtly increased prices in a way that consumers wouldn't notice, but instead they strictly adhere to wholesale prices with a small profit margin to cover operating costs, and this company offers solutions in the market that are difficult to compete with.

During recessions, if we experience employment disruptions due to artificial intelligence, or any challenges faced by consumers in the United States and the world, Costco is present as a great solution that gives you discounted prices on the essential products for your daily life with the fun of treasure hunting when shopping at Costco.

I think Costco is a company that can achieve annual returns of 10 to 11% over the next five years, and if that doesn't sound exciting, 10 to 11%, come on, that's what I got yesterday.

What are you talking about ? I don't get 10 to 11%. Just wait until we see the market volatility and watch the Nasdaq and S&P 500 drop by 15%, 20%, or 25%. Those are the moments when you will feel grateful that you bought some Costco stock, perhaps alongside the other seven companies on this list.