Prediction: Here's What a $10,000 Investment in Costco (COST) Stock Could Be Worth in 5 Years
Costco's shares have risen at an average annual rate of nearly 18% over the past 15 years. We can't assume that will continue -- but it might.
Overview
If you'd plunked $10,000 into Costco (NASDAQ: COST) stock five years ago, your stake would have more than doubled and would be worth nearly $21,000. That's an average annual growth rate of 15.8%, well above the S&P 500's quite respectable average annual gain of 12.6% over the same period.
But what might a $10,000 investment in Costco today be worth five years hence?
Image source: The Motley Fool.
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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.