Costco Stock Pullback -18% A Decade Buying Opportunity?
@Mickey082024：
$Costco(COST)$ Stock Performance and Recent Decline Costco's stock has dropped 15% in the past few months, which is a rare occurrence for a company like this. Costco is one of the most successful stocks of all time, having increased by 13,000%. Many people, myself included, have long hoped and wished for Costco to ever trade at a reasonable multiple or rational valuation so we could invest in it for the long term. But that just doesn’t seem to happen—the stock keeps rising, and it keeps becoming more expensive. In today’s discussion, I’ll dive into Costco’s valuation to assess whether this premium is truly justified. Is Costco’s high valuation worth it? I’ll aim to come up with a fair value for the stock, one that doesn't feel like we're overpayin