From Nasdaq: 2024-05-25 04:05:00

Costco (NASDAQ: COST) has seen incredible growth since going public in 1985, with shares soaring 89,000%. Their unique business model, offering wholesale pricing through annual subscriptions, has attracted millions of consumers and led to significant financial growth over the years.

Costco’s international expansion plans are promising, with only 31 new stores opening in 2024 and plans for continued growth both in the U.S. and overseas. The company has barely tapped into its potential abroad, with six or fewer locations in six countries, including China, where they have seen success.

With a 200% stock growth since 2019, Costco has outperformed many retail peers and even tech giants like Amazon. Their attractive price-to-sales ratio indicates the stock may be a bargain, making it a strong long-term investment option for potential millionaires. Consider investing in Costco Wholesale for future growth opportunities.



Read more at Nasdaq: Could Costco Help You Become a Millionaire?