Over the past 20 years, Costco (COST) has delivered greater than 1,700% returns for investors, far outstripping the 420% returns by the S&P 500 ($SPX). For the past 21 years, Costco has also paid a dividend, raising it each and every year thereafter.
Recently, COST stock crossed above $1,000 per share, but after reporting fiscal second-quarter results, the stock slipped back under the threshold, even though it beat earnings expectations. Is now the time to buy? The company’s journey from regional warehouses to global dominance underscores its ability to reward patient shareholders with both capital appreciation and growing income, making the current moment worth serious consideration for investors seeking quality retail exposure.
