Everyone Said It Was Too Late to Buy This Stock. They Were Wrong.

Costco Wholesale has continued to outperform the S&P 500 by 459.6% over the last decade, despite repeated claims that its stock price run-up meant investors had missed the opportunity. The company maintains strong fundamentals with high membership retention rates (90%), growing same-store sales (6.6%), and increasing profitability (11.3% operating income growth). While the stock trades at a premium valuation (P/E of 47 vs. S&P 500's 32), Costco's continued expansion plans and consistent growth make it an attractive long-term investment opportunity.