Costco Wholesale (NASDAQ:COST) has outperformed the market over the past 20 years by 8.27% on an annualized basis producing an average annual return of 16.24%. Currently, Costco Wholesale has a market capitalization of $320.71 billion.
Buying $1000 In COST: If an investor had bought $1000 of COST stock 20 years ago, it would be worth $19,920.80 today based on a price of $723.12 for COST at the time of writing.
Costco Wholesale's Performance Over Last 20 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.