Whoever coined this saying probably didn't shop at Costco. At least, that's the consensus of Costco fans when it comes to their in-house Kirkland Signature brand of goods. From olive oil to batteries to toilet paper, people tend to rave about anything with that Kirkland label.
Costco Wholesale (NASDAQ: COST) and Home Depot (NYSE: HD) have both been phenomenal stock holdings for patient investors. Home Depot might be a better fit for your portfolio if you're looking for both dividend income and blazing earnings growth. Sure, annual profits are less predictable for the home improvement giant than they are for Costco, which generates most of its earnings from subscription fees.
Both Costco and Sam's Club are warehouse clubs where you can make bulk buys at a discount. Finance expert Dave Ramsey has joined both of these popular clubs. In response to a letter from a reader asking about his opinion on wholesale clubs, Ramsey wrote, "My wife and I are members of Costco and Sam's Club."