If You'd Invested $1,000 in Costco Stock 20 Years Ago, Here's How Much You'd Have Today
The stock soundly outperformed the S&P 500.
Overview
July 2006 was just 20 years ago -- Tiger Woods won the British Open and Taylor Swift's debut album was still months away from being released. Were you investing then? If you invested $1,000 in Costco Wholesale (NASDAQ: COST) stock and kept it, then here's how you would have done.
Your $1,000 stake in the company would have grown to $17,790. If you'd invested that $1,000 in the S&P 500 index instead, you'd have ended up with $6,030.
Image source: Getty Images.
Details
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.