Costco Wholesale Stock News

It may not be the most wonderful time of the year for retailers, but the back-to-school shopping season comes in a close second. Back-to-school shopping isn't just about pencils, backpacks, electronics, and sneakers; it's a key retail event that signals consumer health heading into year-end.

The retail giant's new "Executive Member Shopping Hours" policy gives top-tier premium subscribers private shopping time before stores open to other members.

Key Points Jim Cramer's Mad Money offers insights valuable to income investors, despite his broader focus on growth.

Investors can jump-start their research process by identifying companies they might be customers of. For example, you might shop at a Costco (COST -0.23%) for groceries and other merchandise.

The market looks pricey, making stock picking critical. I'm highlighting two hugely popular names I admire but wouldn't buy at today's valuations. Both are world-class businesses, yet their lofty prices and fragile assumptions make long-term returns less appealing than many believe. I'd love to own them on weakness, but for now, I see better opportunities elsewhere. Sometimes, avoiding the best...

Costco Wholesale (COST -0.23%) stores are ideal places to find deals on goods. However, on a valuation basis, Costco stock isn't cheap.

Over the past five years, Costco's (COST -0.23%) stock rallied 174% as the S&P 500 rose 86%. The warehouse retailer crushed the market even as the pandemic, inflation, rising interest rates, geopolitical conflicts, and other macro headwinds rattled the global economy.

Costco remains a fantastic business with a unique system and long-term global growth potential, but the current stock price is too high to justify buying. Kirkland Signature is a major driver of Costco's leverage, exclusivity, and value proposition, but its impact is difficult to quantify directly in valuation models. I continue to rate Costco a sell due to its elevated P/E multiple, recommendi...