Everyone Said It Was Too Late to Buy This Stock. They Were Wrong.
Can Costco continue rewarding investors?
Overview
For years, people have been saying that Costco Wholesale's (NASDAQ: COST) stock price run-up meant they'd missed the boat. Yet the shares have continued to do well.
Over the last decade, through July 17, the shares gained 459.6%, nearly double the S&P 500 index's 244.7% appreciation. That shows how investing in well-performing companies over long periods can result in outperforming the market.
Details
Will this patience continue to pay off for investors?
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.