A company's past may not always line up perfectly with its future. But that doesn't mean that looking into a company's past is worthless. It can offer insight into the validity of its business model.

Having both survived and thrived through countless recessions and inflationary periods since its founding in 1982, Ross Stores (NASDAQ: ROST) has proven itself time and time again. This may lead a dividend investor to ask themselves whether the stock could be a buy for their portfolio.

Let's dig deeper into Ross Stores' fundamentals and valuation to resolve this question.

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Source Fool.com