1 Magnificent Stock That Has Soared 98% in 3 Years: Here's Why You Should Avoid It Like the Plague Right Now
Costco, a retail stock, has soared 98% in the past three years. However, investors should avoid it due to its steep valuation. Despite being a fantastic company with scale advantages and consistent growth, the high price-to-earnings ratio suggests potential underperformance. Prospective investors should wait for a more attractive entry valuation.