In order to find businesses to buy, investors can think more like consumers. Think about the places where you shop, for example, to come up with valuable stock ideas.

Perhaps two companies that might immediately come to mind are Costco (NASDAQ: COST) and Home Depot (NYSE: HD). Which of these top retail stocks should be in your portfolio?

Costco is the world's third-biggest retailer, with fiscal 2023 net sales of $238 billion. The company's 876 warehouses sell a wide range of high-quality merchandise at extremely low prices. That has created a compelling shopping environment for consumers looking to find value.

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Source Fool.com