Costco Steers Clear of Inflationary Pressure, But Is This Stock a Buy?
Costco Wholesale (NASDAQ: COST) is one retailer that has done an excellent job grappling with rising inflation. The company has a reputation for high customer value and has had success passing along rising costs to consumers in the rare times it exercises that power. Additionally, it sells bulk-sized items, which reduces the per-unit costs to consumers, something folks are looking to capitalize on as inflation lowers their purchasing power.
Let's take a broader view of the business, consider the valuation, and determine if investors should buy Costco stock right now.
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Source Fool.com
