Here's How Much $1000 Invested In Costco Wholesale 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Costco Wholesale (NASDAQ:COST) has outperformed the market with an annualized return of 20.14%, turning a $1000 investment into $6,235.85 today. Costco's market capitalization stands at $320.65 billion.
April 17, 2024 | 5:00 pm
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Costco Wholesale has demonstrated significant market outperformance over the past decade with a 20.14% annualized return, growing a $1000 investment to $6,235.85.
The substantial growth in investment value over a decade highlights Costco's strong market performance and its ability to generate significant returns for investors. This historical performance, coupled with a large market capitalization, suggests a positive outlook for Costco's stock in the short term, assuming market conditions remain favorable.
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