11.12.2024 17:27:00
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Could Buying Costco Stock Today Set You Up for Life?
Warehouse-retailer Costco (NASDAQ: COST) is a really sweet investment. The company scores high on any investor's checklist for business quality, from robust sales growth and cash profits to stellar employee relations and social responsibility. But that's Wall Street's worst-kept secret, and Costco's stock is trading at very lofty valuations these days.Let's look at two separate but tightly related questions today. Could Costco's stock set you up for life, and is today a good time to buy this top-quality stock?If this document were a bundle of courtroom notes, there would be objections about leading the witness at this point. I already made it clear that Costco runs a great business and that its success benefits shareholders.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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