
Costco's stock, trading under the symbol $COST, has reached a new all-time high, surpassing the $900 mark for the first time. This milestone comes as the company has more than doubled the performance of the S&P 500 over the past five years, and its stock is up 40% year-to-date. Investors have shown strong interest, with notable activity in call options for October and December, indicating expectations of further price increases. The stock's valuation is high, with a forward price-to-earnings ratio exceeding 50, comparable to some AI stocks.
Costco Wholesale $COST --- The retail giant broke out of a "Cup" pattern today with a buy price 896.67. ➡️Compistie Rating 90 ➡️Return on Equity 29% ➡️Relative Strength Line at or near 52 week high https://t.co/XcWM5Y8lhF
$COST now trades at an over 50 forward price-to-earnings ratio. Pretty incredible with valuation rivaling AI stocks.
You have to admit, this is pretty incredible $COST +40% YTD outperforming most of the Mag 7 🫣🤯 https://t.co/rv0Wc1nuCX











