Jim Cramer Says Costco Is Still a Great Value. Charlie Munger's Rule Explains Why

Costco has rallied for a month and now faces what the article calls its toughest test, with the company’s business performance and stock price potentially telling different stories. The article cites Charlie Munger’s view that Costco is a stock where investors can look past its P/E, but provides no valuation figures or details about the test.