Better Buy: Costco vs. Target
Two words can silence the argument that brick-and-mortar retail is dead: Target (NYSE: TGT) and Costco (NASDAQ: COST). The two concepts defied gravity in 2020, posting double-digit sales growth on even more impressive double-digit positive comps. The year ahead doesn't look too shabby, either.
Falling under the umbrella of chains deemed to be essential retailers, Target and Costco didn't close when the early stages of the COVID-19 crisis shuttered many local storefronts. Now that the playing field should seemingly level -- with every viable retailer open for business -- it's clear that the things have tilted in favor of Target and Costco.
Target and Costco are great companies and successful investments. I own both. However, what if you could only buy one? Let's size up the two masters of the new normal to see which stock belongs in your portfolio.
Source Fool.com
