Costco’s stock may seem pricey, but the numbers tell a different story—up nearly 500% over the past decade, outpacing the S&P 500. Its simple, flawless business model thrives on massive warehouses, bulk pricing, and a loyal membership base that renews at 90%. Same-store sales rose 6% and profits jumped 11%, proving strength even without gas or currency boosts. While its P/E ratio is elevated, consistent store openings and growth potential make it a standout long-term play for patient investors.
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