Should You Forget Costco? Why You Might Want to Buy This Unstoppable Growth Stock Instead.
Costco's customers pay for the privilege of shopping at its stores. The membership fees the retailer collects create an annuity-like income stream thanks to a roughly 90% customer retention rate. That gives Costco a huge amount of business flexibility, effectively allowing it to offer the lowest prices while also providing great service, thanks to strong employee relations. Costco is a great business, but even great businesses can be bad investments if you pay too much. Which is why this cheap stock is bett ...