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Could Costco Help You Become a Millionaire?


Costco (NASDAQ: COST) has without a doubt been a winning investment over the years. In the past three decades, it has put up a monster total return that exceeds 16,000% (as of Nov. 14). This is a dominant retailer whose success has directly benefited shareholders. Early investors might have even generated life-changing wealth owning the business.

Shares currently trade 14% below their peak, which was established in February. Maybe now is a good time to add Costco to your portfolio. If you buy this retail stock today, could it help you become a millionaire?

Image source: Getty Images.

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Source Fool.com

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