Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust total return over the last 12 months is 28.8 percent. But there is no question some big-name stocks performed better than others along the way.
Costco’s Big Year
One company that has been a strong investment in the past year has been membership-only retailer Costco Wholesale Corporation.Costco has generated industry-leading growth and market-beating returns for years now, and recent quarters have been no different. Its membership-based, low-cost model makes it difficult for companies to compete with Costco’s value, and Costco’s membership fees are also a primary source of high-margin revenue for the company.