Costco (COST) has been a solid investment as its stock has significantly outperformed the broader market for years. Recently, shares of the popular membership-based warehouse retailer reached an all-time high of $1,078.23 before pulling back slightly. Even with that dip, Costco stock has surged 21.4% over the past year, far outpacing the S&P 500 Index’s ($SPX) 10% gain. Looking further back, the numbers are even more striking. Costco has delivered a staggering 97% return over the past two years, compared to the benchmark index’s 41.8% increase.
