Could Costco Help You Become a Millionaire?
The Motley Fool
MAY 25, 2024
Costco (NASDAQ: COST) has come a long way since starting out as one of the world's first retail warehouse clubs in 1983. Back then, the company called itself Price Club and was based in San Diego, California. The retail giant went public only two years later, in 1985, and the rest is history. Shares of Costco have soared 89,000% since its initial public offering, creating plenty of millionaires along the way.
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