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Costco Stock Is More Expensive Than It’s Ever Been. Why That’s a Problem.

Costco Stock Is More Expensive Than It’s Ever Been. Why That’s a Problem.

Costco Wholesale stock has had a heck of a run, and now it’s more expensive than it has ever been. Shares of Costco have gained 36% so far this year, on pace for its best year since, well, last year. Its valuation has risen with it.