2024-06-29 09:45:00 ET
The stock of Costco Wholesale (NASDAQ: COST) has had an incredible market-beating run over the past few decades. It's really a no-brainer buy, with all sorts of positive qualities, and it should have lots more room to grow. However, it's trading close to its highest valuation ever . Is now the worst time to buy?
Costco has a membership model that yields loyalty from shoppers who want to get the most bang for their buck. At $60 annually, it's a win-win for Costco and its members.
There are reviews all over the internet explaining how much members need to spend to make a membership worthwhile, and the bottom line is, members can save well more than the amount of the annual membership.
For further details see:
Is Now the Worst Time to Buy Costco Stock?