Should You Buy Costco Stock? These "Magnificent Seven" Stocks Are Cheaper and Growing Faster

These leading tech companies offer superior growth prospects at lower price-to-earnings ratios.Shares of Costco (COST 0.48%) are up 54% over the last 12 months, but most of that return was driven by an increase in the price-to-earnings (P/E) multiple that Wall Street is willing to pay for the shares -- not actual growth in the company's earnings per share.Analysts expect Costco to report annualized earnings growth of 9% over the long term, yet the stock trades at a price-to-earnings ratio that is usually re ...