If You Invested $1000 In This Stock 20 Years Ago, You Would Have $22,000 Today

Costco Wholesale COST has outperformed the market over the past 20 years by 8.36% on an annualized basis producing an average annual return of 16.71%. Currently, Costco Wholesale has a market capitalization of $396.16 billion.

Buying $1000 In COST: If an investor had bought $1000 of COST stock 20 years ago, it would be worth $22,004.43 today based on a price of $893.60 for COST at the time of writing.

Costco Wholesale's Performance Over Last 20 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.