Could Costco Be a Millionaire-Maker Stock?

Shares in Costco (NASDAQ: COST) have risen 229% over the past five years, delivering the kind of growth usually reserved for tech stocks. The company ranks fifth among the world's largest retailers, with some of its biggest rivals including and Amazon.

Yet Costco appears to have plenty of room left to run. The retail giant's share price has skyrocketed more than 92,000% since it went public in 1985, likely creating more than a few millionaires. However, the company is only just getting started on its expansion abroad and has tapped into a lucrative subscription-based model.

As a result, it's not too late to make a long-term investment in this retailer and profit from its future. So here's why Costco remains a millionaire-maker stock worth considering right now.

Source Fool.com

Walmart Inc. Aktie

Einen Verlust von -2,13 % verzeichnet heute die Walmart Inc. Aktie.
Die Aktie ist derzeit ein absoluter Favorit unserer Community mit 99 Buy-Einschätzungen und keiner einzigen Sell-Einschätzung.
Ein positives, wenn auch nicht starkes, Potenzial für Walmart Inc. mit einem Kursziel von 107 € im Vergleich zu 105.92 €.

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Costco’s global expansion and subscription model still leave plenty of runway ahead — a steady, long-term winner that keeps compounding value, kind of like building patiently in Eaglercraft and watching it all pay off over time.

catie

With its membership model and global expansion just ramping up, it definitely still looks like a solid long-term winner. five nights at freddy's 2

freddy2

Costco's shares have increased by 229% over the past five years, showcasing substantial growth. Since its public offering in 1985, Costco's share price has appreciated over 92,000%, potentially creating many millionaires. The company has significant room for expansion google baseball internationally and benefits from a successful subscription-based model, indicating that it's not too late for new investors to capitalize on its growth trajectory. As one of the largest retailers globally, Costco continues to compete effectively against rivals like Amazon.