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Costco's stock price is hitting all-time highs but so is its valuation. The company went public nearly 40 years ago. ... ratio of 60, Costco stock has never been more expensive than it is right ...
This is why Costco recently hit $1,000 Some might balk at Costco's sky-high valuation, trading at 58 times earnings, with its share price recently hitting the $1,000 mark.
Costco (NASDAQ:COST) is an incredible retail machine. COST stock keeps on going up and up; it has nearly doubled since the beginning of 2020 and it’s up more than 200% over the past five years.
Costco is historically one of the most successful retail stocks on a long-term basis. A $1,000 investment in March 1982 would be worth over $1.5 million today, including dividends.
So while it seems like a retailer, its business is really in selling memberships. ... Costco is expensive, both relative to its average and to its peers. This is the very opposite of a bargain ...
Costco generated $250 billion in sales last year and has a market cap of $440 billion, so many investors may be skeptical that it can keep growing at a solid rate given its massive size. But that ...
However, the stock is expensive, especially for a retailer, trading at a price-to-earnings ratio of about 50, ... So while Costco's competitive advantage may be rock solid, the stock seems to be ...
Costco Wholesale (NASDAQ: COST) shares didn't close above $1,000 by late 2024, but they flirted with that impressive figure. The stock rose 50% through mid-December, doubling the rally in the S&P ...
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related to: why is costco so expensivegomino.com has been visited by 10K+ users in the past month
brandeals.org has been visited by 100K+ users in the past month