Costco’s sales have tripled since 2020, with the stock value increasing significantly. International expansion, e-commerce, and nonfood sales offer long-term opportunities. However, the stock is trading at a historically high valuation, potentially limiting future growth. Shares of Costco have outperformed the market, with a 200% increase over five years. Sales have accelerated post-pandemic, growing at close to 11% annually. The company’s wide competitive moat and membership fees support its low prices and global expansion. Despite strong growth prospects, the high valuation may deter new investors from buying shares currently.
Read more at Yahoo Finance: Is Costco Stock Worth Buying at $1,000?