Is Costco Stock a Buy Right Now?

This might be the perfect time to bulk up on Costco Wholesale (COST 1.43%) stock. Sure, the warehouse club retailing giant's shares don't look especially cheap following a 2023 rally. And a growth investor can find much higher profitability outside of this brutally competitive industry.Yet Costco has consistently demonstrated a knack for earning its premium stock valuation, and for delivering plenty of cash directly to shareholders. Let's look at how the company might continue to impress investors in 2024 a ...