Will This Magnificent Retail Stock Double Your Money in 5 Years? The Answer Might Surprise You.
They say past performance doesn't indicate future returns. But investors can look at historical winners to find companies that might continue the momentum.
Take Costco Wholesale (NASDAQ: COST). This top retail stock has skyrocketed 238% in the last five years, a gain that trounces the Nasdaq Composite by a wide margin. Shareholders are hoping that the stock can keep it up.
Is it likely that Costco shares will double in the next five years?
Source Fool.com