The stock is is always overvalued, or is it? P/E seems to stay over 30. I mean the company uses great discretion in what they sell. It’s always good deals. The membership is worth it as they have wholesale prices. The location of the stores allows for allocations of products that are unique, local even. Clothes are fine and they have electronics as well. Jewelry is available and the tools/equipment is high quality. They’re in the business of serving a customer that needs to go to one place to accomplish most daily problems. (Food, hygiene, first aid, clothes, and much more you can think of them).
So what’s y’all’s opinion on Costco? I don’t own Costco and this isn’t financial advise.
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