Stock Market News

3 hours Costco Stock Trades at Over 50 Times Earnings for Only the 2nd Time in Its History. What Happened Last Time Could Signal What to Expect This Time.The Motley Fool

Imagine if for $1 million you could buy a business that makes $100,000 in annual profit. In investing lingo, one would say this business trades at 10 times its earnings or at a price-to-earnings (P/E) ratio of 10. It’s helpful. In this particular scena…

Business · Costco (COST) · Earnings · Investing

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