Is Costco Stock an Obvious Buy Right Now?
Costco Wholesale (NASDAQ: COST) proves that investors don't need to own businesses at the cutting edge of technology to score huge wins. In the past five years, shares of this warehouse club operator have produced a total return of 216% (as of Aug. 14), beating the market by a wide margin.
Despite this strong performance, this top retail stock trades 9% off its record from February of this year. Is Costco an obvious buy right now?
Image source: Getty Images.
Source Fool.com
