If You Invested $1000 In This Stock 20 Years Ago, You Would Have $22,000 Today
Portfolio Pulse from Benzinga Insights
Costco Wholesale (NASDAQ:COST) has significantly outperformed the market over the past 20 years, with an annualized return of 16.71%. A $1000 investment in COST 20 years ago would be worth $22,004.43 today. The article highlights the power of compounded returns.
August 29, 2024 | 6:33 pm
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Costco Wholesale has shown exceptional long-term performance, with a 16.71% annualized return over 20 years. This highlights the potential for significant growth through compounded returns.
The article emphasizes Costco's strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation. The focus on compounded returns underscores Costco's value as a long-term investment.
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