Costco

Few companies have haunted my investing mind like Costco. When I first researched it three years ago, I was impressed, but did not invest due to its high valuation. Since then, the stock has doubled. Ouch. A classic error of omission.

But what makes Costco worth watching in the first place? In a sector often plagued by sameness and razor-thin margins, Costco stands out with a rare and powerful competitive edge: scale economies shared. Instead of hoarding the benefits of scale, Costco gives them back to its customers. That’s what makes it not just a retailer, but arguably one of the best businesses on the planet. Let’s explore whether Costco is just as compelling from an investment perspective...

Want to read more?

Subscribe to thedutchinvestors.com to keep reading this exclusive post.

Subscribe Now