1 Incredible Reason to Buy Costco Stock Before Sept. 25

Costco Wholesale (NASDAQ: COST) stores are ideal places to find deals on goods. However, on a valuation basis, Costco stock isn't cheap. It's forward price-to-earnings ratio is around 47, which is notably high for the retail industry. One attractive feature sets it apart from most other retailers, and it provides the company with a solid foundation for those ever-competitive prices. It's a robustly growing metric, and I predict it will tick higher again in the now completed fiscal fourth quarter (to be reported on Sept. 25). Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool