$1000 Invested In This Stock 10 Years Ago Would Be Worth $6,100 Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Costco Wholesale (NASDAQ:COST) has produced an average annual return of 19.72%, outperforming the market. A $1000 investment in COST a decade ago would now be worth $6,120.36. Costco's market capitalization currently stands at $307.10 billion.
January 22, 2024 | 7:00 pm
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Costco Wholesale's stock has significantly outperformed the market with a 19.72% average annual return over the past decade, turning a $1000 investment into $6,120.36.
The historical performance of Costco Wholesale's stock is a strong indicator of its robust business model and market position. The impressive 10-year return highlights the company's consistent growth and may continue to instill confidence in investors, potentially leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100