Here's How Much $1000 Invested In Costco Wholesale 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Costco Wholesale (NASDAQ:COST) has produced an average annual return of 20.19%, outperforming the market by 7.01% on an annualized basis. A $1000 investment in COST 15 years ago would be worth $15,781.09 today, showcasing the impact of compounded returns over time. Costco's current market capitalization stands at $323.96 billion.
March 26, 2024 | 9:00 pm
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Costco Wholesale has demonstrated significant growth over the past 15 years, with a $1000 investment growing to $15,781.09, reflecting an average annual return of 20.19%.
The substantial growth in the value of Costco Wholesale's stock over the past 15 years, significantly outperforming the market, indicates a strong and consistent performance by the company. This historical performance, coupled with a high market capitalization, suggests a positive outlook for Costco's stock in the short term, assuming market conditions remain favorable and the company continues its growth trajectory.
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