Is Costco Stock Worth Buying Now or Too Pricey to Touch?

Costco Wholesale Corporation COST, a prominent player in the membership-based retail sector, is currently trading at a forward 12-month price-to-earnings (P/E) multiple of 50, which positions it at a premium compared to the industry’s average of 33.02 and the S&P 500's 22.62. However, the stock is trading marginally below its...