Where Will Costco Be in 5 Years?
Costco (NASDAQ: COST) is a dominant retail enterprise. It generated $270 billion in net sales in the latest fiscal year. This makes it the world's third-largest retailer behind only and Amazon. Investors are certainly familiar with the business.
This retail stock has been a winning investment. In the past five years, the shares have produced a total return of 163% (as of Oct. 17). This gain crushes the S 500 by a wide margin.
However, investors care about what the future might hold. Where will Costco be in five years?
Source Fool.com
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