Is Costco Still a Buy at $1,000 per Share?

In the retail sector, Costco (COST -0.08%) has been one of the biggest long-term winners. A favorite of Warren Buffett's late partner, Charlie Munger, Costco's killer business model, low-price ethos, and consistent growth even in a tough retail environment have made for another winning year in 2024. But with the stock up another 50.8% in 2024 and Costco's share price recently touching $1,000 per share, are shares still a buy? Costco's valuation looks high... on the surfaceMake no mistake, Costco isn't a che ...