Costco's (NASDAQ: COST) stock has risen more than 600% over the past ten years. With reinvested dividends, it delivered a total return of 728%, easily beating the S&P 500's (SNPINDEX: ^GSPC) total return of 326%. Investors might be reluctant to buy Costco's stock after those massive gains. However, I believe it's still the best blue chip stock to buy and hold for another ten years for three simple reasons. Image source: Getty Images.
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