Here's How Much $1000 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 16.24%, outperforming the market. A $1000 investment in COST 20 years ago would be worth $19,920.80 today. Costco's market capitalization currently stands at $320.71 billion.
April 30, 2024 | 2:00 pm
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Costco Wholesale has shown significant growth over the past 20 years, with a $1000 investment growing to $19,920.80, reflecting an annual return of 16.24%.
The substantial growth in the value of Costco Wholesale's stock over the past two decades, as highlighted by the significant return on investment, underscores the company's strong performance and its positive impact on investor portfolios. This historical performance, coupled with Costco's current market capitalization, suggests a positive outlook for the stock in the short term.
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IMPORTANCE 90
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