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Is Costco Stock Worth Buying Now or Still Too Pricey to Touch?
Costco Wholesale Corporation COST, a prominent player in the membership-based retail industry, is currently trading at a forward 12-month price-to-earnings (P/E) multiple of 42.91, which positions it at a premium compared to the industry's average of 31.06 and the S&P 500's 20.69. The premium reflects investors' confidence in the company's membership-driven business model, recurring fee income, resilient sales …