3 Reasons to Buy Costco Stock Like There's No Tomorrow

Everybody loves Costco Wholesale (NASDAQ: COST). Customers love the prices. Employees love the above-average pay and perks, explaining why turnover clocks in at a mere 8% annually. Employee turnover for retailers in general runs closer to 60%. Even investors love Costco, despite the stock's seemingly lofty valuation.I'll address the valuation sticking point shortly, as it's actually one of the three reasons to buy shares of the warehouse club operator like there's no tomorrow.Pick a starting line, and odds are investors have fared well buying into the country's leading membership-based shopping experience. Costco stock is up 6% so far during this volatile year. It's a welcome contrast to the S&P 500's 10% year-to-date slide. Let's zoom out. Costco is up 35% over the past year, 71% over three years, and 239% over five years. Go all the way back to the original starting line, and Costco is a whopping 383-bagger since going public 32 years ago.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool