Costco trades at an all-time high. Here’s why the rally may continue.

Costco wholesale storefront in Kaohsiung, Taiwan.

BING-JHEN HONG

Costco Wholesale Corporation (NASDAQ:COST) rallied 3.80% on Friday afternoon and carved out a new all-time high of $962.00 earlier in the session. Notably, Costco (CPST) has outperformed retail giants Walmart (WMT) and Target (

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