$1000 Invested In Costco Wholesale 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Costco Wholesale (NASDAQ:COST) has significantly outperformed the market over the past 15 years, with an average annual return of 20.3%. A $1000 investment in Costco 15 years ago would now be worth $16,225, highlighting the power of compounded returns.
September 26, 2024 | 4:00 pm
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Costco Wholesale has outperformed the market with an average annual return of 20.3% over the past 15 years. A $1000 investment 15 years ago would now be worth $16,225, demonstrating strong growth and the impact of compounded returns.
The article highlights 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 long-term growth potential.
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