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Could Costco Be a Millionaire-Maker Stock?
Costco (NASDAQ: COST) just reported financial results on May 29. Revenue totaled $63.2 billion, while diluted earnings per share (EPS) came in at $4.28. Both these headline figures exceeded Wall Street estimates. Shares are up 4% since the news (as of June 2), helping drive a 14% gain so far in 2025.Costco dominates the retail landscape. And it has certainly generated sizable wealth for some of its very early investors. But could buying this retail stock right now make you a millionaire one day?Image source: Getty Images.Continue reading
Costco (NASDAQ: COST) just reported financial results on May 29. Revenue totaled $63.2 billion, while diluted earnings per share (EPS) came in at $4.28. Both these headline figures exceeded Wall Street estimates. Shares are up 4% since the news (as of June 2), helping drive a 14% gain so far in 2025.
Costco dominates the retail landscape. And it has certainly generated sizable wealth for some of its very early investors. But could buying this retail stock right now make you a millionaire one day?
Image source: Getty Images.
