Costco Costs More Than $920 a Share. Here's Why I'd Still Buy One.

Despite Costco's high share price of $922.77, the article argues it remains a compelling investment. The warehouse operator posted strong quarterly earnings with 10% revenue growth and faster bottom-line expansion. With a low beta of 0.01, 22 consecutive years of dividend increases, and an expected special distribution, Costco offers recession-resistant value even at current valuations.