Costco Is A Great Business, But $COST Stock Is Still Dead Money

While consumers are struggling with high prices, Costco just raised membership fees by $5 to pad its earnings, showcasing pricing power. However, given its ridiculous valuation of 53x P/E, Costco puts the AI bubble to shame. Despite being a mature retailer, COST stock is priced for hypergrowth.

My detailed report on Costco is published at SeekingAlpha: Costco Is Still Dead Money [Paywalled by SA Premium - Unlock by subscribing to TQI Basic or Full Access: The Quantamental Investor]