Costco (NASDAQ: COST) stock has been a longtime favorite of investors. That's no surprise given that the retailer enjoys many competitive assets, led by its steadily growing membership income. Costco can offer consistently low prices, too, which has helped it gain market share through a wide range of industry selling conditions -- including the recent pandemic-related disruptions.
Those advantages aren't lost on Wall Street, though, and that's why Costco stock is valued at a premium to rivals like Walmart (NYSE: WMT). Let's take a look at whether it might be worth paying up for this high-performing business right now.
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Source Fool.com