Here's how much money you'd have if you invested $1,000 in Costco 10 years ago
Publishing timestamp: 2023-03-04 09:00:01
Summary
Costco reported revenue of $55.27 billion for its fiscal second-quarter of 2023, missing analysts' prediction of $55.54 billion. However, the company reported earnings per share (EPS) of $3.30 which surpassed $3.21 analysts expected. The company is the third-largest retailer in the US by sales revenue. If you had invested $1000 into Costco one, five and 10 years ago, your investment would have more than doubled to $2639 as of March 3. Experts typically recommend investing in low-cost index funds, such as the S&P 500, which tracks the stock performance of 500 large American companies. As of March 3, the S&P 500 has declined slightly by little over 7% compared to 12 months ago, but has increased by about 50% since 2018 and grown by about 166% since 2013.
Sentiment: NEUTRAL
Tickers: COST,
Keywords: personal finance, costco wholesale corp, personal investing,