Here's Why Dividend Investors Can Buy and Hold Costco Stock Forever
Costco(COST) The Motley Fool·2024-03-14 09:10
Since going public in late 1985, Costco Wholesale (COST -0.36%) stock is up nearly 80,000% and that's before factoring in dividends. To make this percentage more tangible, if an investor put $10,000 to work in Costco stock in 1985, they'd have nearly $8 million today.Even if investors had waited until five years ago to buy Costco stock, they'd still be up more than 200%. That's more than double the return of the S&P 500 during this time.Costco stock has been a life-changing investment for many people but I ...