Got $1,000? 1 Consumer Goods Stock To Buy and Hold for Decades

This top stock can grow in value for a lifetime.A 1,000investmentinCostcoWholesale(COST3.011,000 investment in Costco Wholesale (COST 3.01%) stock in 1995 would be worth 157,000 today, assuming dividends were reinvested to purchase additional shares. That is a rare 100-plus bagger, showing the power of patiently holding shares of quality businesses for a lifetime of compounding returns.Its expansion in North America largely drove those returns, but it is still in the early innings of international expansion. If you're looking to park extra cash ...