Costco: Great Business, Still A Hold On Valuation

Core Viewpoint - Costco Wholesale Corporation's stock has decreased from approximately $999 to around $943, reflecting a decline of about 5.6% since June [1]. Company Analysis - The primary concern regarding Costco is its high stock price rather than the company's fundamentals [1]. - The analysis emphasizes a disciplined approach to evaluating companies, focusing on numerical data and underlying business performance rather than market narratives [1].