$1000 Invested In This Stock 5 Years Ago Would Be Worth $3,000 Today
Portfolio Pulse from Benzinga Insights
Costco Wholesale (NASDAQ:COST) has significantly outperformed the market over the past 5 years, with an annualized return of 24.43%. A $1000 investment in COST 5 years ago would now be worth approximately $2,963.14. This highlights the power of compounded returns.
September 05, 2024 | 8:30 pm
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Costco Wholesale has outperformed the market with a 24.43% annualized return over the past 5 years. A $1000 investment 5 years ago would be worth nearly $3,000 today.
The article highlights Costco's strong performance over the past 5 years, with a significant annualized return that outpaces the market. This positive historical performance is likely to boost investor confidence and could lead to a short-term positive impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100