Where Will Costco Stock Be in 5 Years?
Over the past five years, Costco's (NASDAQ: COST) stock rallied 174% as the S&P 500 rose 86%. The warehouse retailer crushed the market even as the pandemic, inflation, rising interest rates, geopolitical conflicts, and other macro headwinds rattled the global economy.
That was a great run, but can Costco keep outperforming the market over the next five years? Let's review its business model, growth rates, and valuations to decide.
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Source Fool.com