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Here's How Much $1000 Invested In Costco Wholesale 15 Years Ago Would Be Worth Today

Published 26/03/2024, 21:00
Updated 26/03/2024, 22:10
© Reuters. Here's How Much $1000 Invested In Costco Wholesale 15 Years Ago Would Be Worth Today

Benzinga - by Benzinga Insights, Benzinga Staff Writer.

Costco Wholesale (NASDAQ:COST) has outperformed the market over the past 15 years by 7.01% on an annualized basis producing an average annual return of 20.19%. Currently, Costco Wholesale has a market capitalization of $323.96 billion.

Buying $1000 In COST: If an investor had bought $1000 of COST stock 15 years ago, it would be worth $15,781.09 today based on a price of $730.45 for COST at the time of writing.

Costco Wholesale's Performance Over Last 15 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.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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