Imagine snagging Costco’s stock back in 2000 and watching your investment grow 30 times over in less than 25 years. When we think of “multi-baggers”, grocery stores aren’t the first thing to spring to mind – it’s usually trailblazing tech firms like Apple, Microsoft, and Nvidia.
But great investments don’t always hinge on innovations or complex business models. Sometimes the best companies thrive by keeping things simple – and Costco is a perfect example.
In today's episode, Finimize analyst Theodora Lee Joseph makes the case for why Costco - despite its high valuation - could make a worthy addition to your portfolio.
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