Warehouse retailer Costco's (COST -1.54%) stock is sitting, along with much of the market, at close to record highs. It's also valued at a hefty premium when compared with its rivals. But there are good reasons for investors to be bullish on the company's prospects from here. Fool contributor Demitrios Kalogeropoulos discusses the reasons he thinks Costco deserves its premium valuation.
3 Reasons Costco Stock Deserves the Premium
By Demitri Kalogeropoulos
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Apr 14, 2013 at 9:45AM
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NASDAQ: COST
Costco Wholesale Corporation

Market Cap
$187B
Today's Change
(-1.54%) -$6.50
Current Price
$416.43
Price as of May 20, 2022, 4:00 p.m. ET
With this expensive stock, you get what you pay for.
Stocks Mentioned

Costco Wholesale Corporation
COST
$416.43
(-1.54%)
$-6.50
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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