Best Stock to Buy Right Now: Amazon vs. Costco
Amazon (NASDAQ: AMZN) and Costco Wholesale (NASDAQ: COST) are two of the best retail stocks on the market. They're both surefire winners that have beaten the market by a large margin over decades. But if you could only buy one today, which is the better buy?
Amazon is the second-largest company in the U.S. by sales and the fourth-largest by market capitalization. It has almost 38% of the market share for e-commerce in the U.S. and 31% of the market share for cloud services globally. It's a major player in streaming, it has a fast-growing advertising business, and it has plenty of other new ideas in the cooker.
If that wasn't enough, it still sees massive opportunities ahead -- especially in generative artificial intelligence (AI). The average person thinks of or uses generative AI for fun, to find out information easily, or to generate content that fulfills obligations. Workers use generative AI to generate all sorts of consumable content.
Source Fool.com
