Here's How Much $100 Invested In Costco Wholesale 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Costco Wholesale (NASDAQ:COST) has produced an average annual return of 15.59%, outperforming the market by 8.07% on an annualized basis. A $100 investment in COST 20 years ago would be worth $1,862.38 today. Costco's market capitalization currently stands at $321.95 billion.
February 21, 2024 | 7:30 pm
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Costco Wholesale has shown significant growth over the past 20 years, with a $100 investment growing to $1,862.38, reflecting an average annual return of 15.59%.
The substantial growth in the value of Costco Wholesale's stock over the past 20 years, significantly outperforming the market, indicates a strong and stable investment. This historical performance, coupled with a high market capitalization, suggests a positive outlook for Costco's stock in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100