Better Buy: Amazon vs Costco
Amazon (NASDAQ: AMZN) and Costco Wholesale (NASDAQ: COST) are different companies but share one thing in common: Each has a large base of loyal customers who depend on these companies for essential items every day. Amazon has over 200 million Prime members, but Costco also continued to grow its member count during the pandemic. Year to date, Amazon shares are down 33%, while the S&P 500 index has dropped 24%.