Between Costco and Home Depot, Which Is the Top Retail Stock to Buy Right Now?
Costco (NASDAQ: COST) and Home Depot (NYSE: HD) are two of the biggest retailers in the world. One focuses on general merchandise, while the other caters to DIY and professional customers with home improvement products. The combined market cap of these two companies is a staggering $770 billion as of April 21.Costco and Home Depot have been wildly successful investments in the past three decades. But between these dominant businesses, which one is the top retail stock to add to your portfolio right now?Investors are becoming more worried that an economic downturn is on the horizon. This probably isn't too much of a concern for Costco and its management team. The business continues to thrive regardless of external forces.Continue reading
Costco (NASDAQ: COST) and Home Depot (NYSE: HD) are two of the biggest retailers in the world. One focuses on general merchandise, while the other caters to DIY and professional customers with home improvement products. The combined market cap of these two companies is a staggering $770 billion as of April 21.
Costco and Home Depot have been wildly successful investments in the past three decades. But between these dominant businesses, which one is the top retail stock to add to your portfolio right now?
Investors are becoming more worried that an economic downturn is on the horizon. This probably isn't too much of a concern for Costco and its management team. The business continues to thrive regardless of external forces.