Australia markets closed
  • ALL ORDS

    7,369.40
    -53.80 (-0.72%)
     
  • AUD/USD

    0.6733
    +0.0007 (+0.10%)
     
  • ASX 200

    7,175.50
    -53.90 (-0.75%)
     
  • OIL

    73.13
    +1.12 (+1.56%)
     
  • GOLD

    1,797.70
    -0.30 (-0.02%)
     
  • BTC-AUD

    25,002.36
    -133.31 (-0.53%)
     
  • CMC Crypto 200

    395.30
    -6.73 (-1.67%)
     

Better Buy: Amazon vs Costco

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%.