$1000 Invested In Costco Wholesale 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Costco Wholesale (NASDAQ:COST) has produced an average annual return of 17.54%, outperforming the market by 6.07% on an annualized basis. A $1000 investment in COST 15 years ago would be worth $11,463.98 today. Costco currently has a market cap of $257.18 billion. The article highlights the impact of compounded returns on investment growth over time.
November 21, 2023 | 2:30 pm
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Costco Wholesale's stock has significantly outperformed the market with an average annual return of 17.54% over the past 15 years, turning a $1000 investment into $11,463.98 today.
The historical performance of Costco's stock as detailed in the article suggests a strong track record of growth and market outperformance. This information, while retrospective, could positively influence investor sentiment and potentially lead to a short-term increase in stock price as it underscores the company's long-term value creation.
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