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1 Stock That Turned $10,000 Into More Than $1.3 Million

TheMotleyFool

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1 Stock That Turned $10,000 Into More Than $1.3 Million: https://g.foolcdn.com/editorial/images/773237/shopper-checking-shelves-warehouse-store.jpg

Over long periods of time, investing in stocks can lead to magnificent gains. That's exactly what Costco (NASDAQ: COST) has done for its investors.

In the past 30 years, shares have returned 13,300%, including dividends. That gain would have turned a $10,000 investment into more than $1.3 million today (as of April 16). This performance absolutely crushes the S&P 500.

To gain a better appreciation for what Costco has accomplished for investors, it's worthwhile to look at its history. Then, with a fresh perspective, we can determine if this unstoppable retail stock makes for a no-brainer buy right now.

Source Fool.com

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