Costco Stock: A Millionaire-Maker in the Making?

Costco (NASDAQ: COST) has been an incredibly successful investment historically. In the past 40 years, its shares have generated a total return of 28,560%. That means a $3,500 investment back then would be worth just over $1 million today, a fantastic outcome.Is this dominant retail stock, which has already made long-term shareholders extremely wealthy, a millionaire-maker in the making for prospective investors?Investors seem to always gravitate toward tech enterprises that are operating at the cutting edge of a new trend. Historically, certain internet-related companies have crushed it for portfolios. But Costco, which runs warehouse clubs around the world, is far from that. I believe this is what makes it so special.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool