Up 8% This Year, Why Is Costco Stock Outperforming?

Note: Costco FY’23 ended on August 27, 2023.After an 8% increase so far this year, at around $716 per share, we believe Costco (NASDAQ: COST), a warehouse club operator – is fairly priced. COST stock has increased from around $650 to $720 year-to-date, outperforming t