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Is Costco Stock a Buy?


Retail giant Costco (NASDAQ: COST) operates under the mission to "continually provide our members with quality goods and services at the lowest possible prices."

That simple strategy has rewarded Costco's shareholders handsomely, both recently and over the long run. The stock has delivered a 43% return over the past year, compared with a 26% gain for the S&P 500 market index. The 186% gain of the S&P 500 over the past 10 years works out to an average annual increase of 11%, but Costco's stock quintupled over the same period for an average gain of 17.5% per year.

Has Costco burned all of its rocket fuel or is the warehouse club still a great investment?

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Source Fool.com

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