How The Intrinsic Value Podcast’s view on $COST changed

2026-09-06Bearish
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Costco's high valuation (50x P/E) lacks a margin of safety despite the company's quality, making it unattractive to buy at that price.

we We know that Costco is a company Exceptional, but the price Her stock wasn't logical. Never for me. when A price-to-earnings ratio of 50 Weakness, it seems not There is any margin of safety Integrated into what is in The end is just work Commercial grocery store And fragmentation.

To understand any work better commercially, whether It was Costco or Reddit,