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REDDIT

Costco PE at 60+ - What is the reason for this?

Y
Feb 20, 2025 · 16:45

https://imgur.com/a/yOuf9v0

I understand they are expanding internationally, but even so, why is there still so much demand for this stock above $1000? A PE of 40 is high for this company...and yet there are buyers at these levels.

Is there some news I missed? Are they going to start selling crypto or AI chatbots?

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