The warehouse retailer's membership model and fanatical customer loyalty drove steady 15-20% annual returns, outperforming the S&P 500's average of 13% over the same period and proving that boring businesses can create extraordinary wealth. Its stock also surged 30% more than rival Walmart's during the same stretch, adding an extra 8 percentage points per year.
Comments on "Costco (COST)"
Create a free account or sign in to join the discussion.
Sign in to join the conversation