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Costco: Steep Valuation With A Bright Future

Jan. 05, 2022 4:02 AM ETCostco Wholesale Corporation (COST)16 Comments
Graham Grieder profile picture
Graham Grieder


  • Costco continues to pump out incredible revenue growth and the future continues to look bright.
  • Costco's e-commerce service will be a big-time contributor to revenues down the line, something to keep an eye on as the company focuses on the sector.
  • Costco has a very rich valuation at current levels. I would be patient if looking for an entry point.

Costco Announces Raising Minimum Wage to $16 An Hour

Mario Tama/Getty Images News

Costco Wholesale (NASDAQ:COST) stock has had an outstanding year, moving up about 50% in 2021. This is on the back of some pretty incredible growth considering how well-established and boring their business is. The good news is that

This article was written by

Graham Grieder profile picture
A finance graduate from the University of Alberta. I have developed a trend-following strategy backed by solid fundamentals. Removing emotion from the situation is the hardest, yet most important lesson to learn.-"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." - Warren Buffett

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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