Does Costco Stock Have More Room For Gains After Rising 40% In 2023?

MIAMI, FLORIDA - DECEMBER 15: Customers visit a Costco Wholesale store on December 15, 2023 in ... [+] Miami, Florida. Costco Wholesale beat expectations for the company's Q1 earnings with a 16.6 % increase. The retailer's board also declared a special cash dividend of $15 per share to investors. (Photo by Joe Raedle/Getty Images)Getty ImagesNote: Costco FY’23 ended on August 27, 2023.After a 39% increase in 2023, at around $667 per share, we believe Costco (NASDAQ: COST), a warehouse club operator - is fai ...