$100 Invested In Costco Wholesale 20 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 20 years, with an annualized return of 15.93%. A $100 investment in Costco 20 years ago would now be worth $1,923.88, highlighting the power of compounded returns.
October 07, 2024 | 8:00 pm
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Costco Wholesale has shown impressive long-term growth, outperforming the market with a 15.93% annualized return over 20 years. This highlights the potential for continued investor confidence in its stock.
The article emphasizes Costco's strong historical performance, which is likely to boost investor confidence and potentially drive the stock price up in the short term. The focus on long-term growth and compounded returns suggests a positive outlook.
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