Is It Too Late to Buy Costco Stock?
In the past 20 years, the S&P 500 has produced a return of 557%, which includes dividends. On an annualized basis, that healthy gain is in line with the broad index's historical 10% yearly gain.
However, some individual businesses have crushed this performance. Costco Wholesale (NASDAQ: COST), the massive warehouse club operator, is one such enterprise. This top retail stock has skyrocketed 2,750%, including dividends, in the past two decades and has a current market cap of $330 billion.
With Costco's stellar gain and high valuation, is it too late to buy the company's shares?
Source Fool.com
