Is Costco Too Pricey?
The following video is from Wednesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Joe Magyer and Bryan Hinmon, discuss the top business and investing stories.
Costco's (NASDAQ: COST) Q1 profits rose 30% and same-store-sales were up 7%. Despite the strong results, shares were down on Wednesday. In this segment, the guys analyze the results and Costco's growth prospects, and share why the stock is starting to get pricey.
Costco Wholesale's low prices haven't just benefited customers -- shares have walloped the market, returning 11,000% over the past two decades. However, with prices near all-time highs, is the ride over for Costco investors? To answer that, we've compiled a premium research report with in-depth analysis on whether Costco is a buy right now, and why. Simply click here now to gain instant access to this valuable investor's resource.
The article Is Costco Too Pricey? originally appeared on Fool.com.Chris Hill, Bryan Hinmon, and Joe Magyer have no positions in the stocks mentioned above. The Motley Fool owns shares of Costco Wholesale. Motley Fool newsletter services recommend Costco Wholesale. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.