If You Buy Costco With $5,000 at a 43% Discount From Its High, Here's What I Predict It Could Be Worth in 10 Years.

An analyst argues that Costco is currently overvalued at a P/E ratio of 49, but predicts a $5,000 investment at fair value ($623/share, representing a 43% discount from its peak) could grow to $15,530 over 10 years with a 12% annualized return, driven by warehouse expansion, membership growth, and earnings per share growth of approximately 12% annually.