Amazon (NASDAQ: AMZN) and Costco Wholesale (NASDAQ: COST) are two powerhouse stocks that, along with Walmart, dominate U.S. retail shopping. Both Costco and Amazon experienced elevated sales growth at the beginning of the coronavirus pandemic, and they're both seeing slowdowns in the current inflationary environment. In the 2022 third quarter, Amazon's sales increased 15% year over year; meanwhile, Costco's sales rose 8.1% year over year in its 2023 fiscal first quarter (ended Nov. 20).
When it comes to prescription drugs, cost is one of the most important factors to consider. Fortunately, there are two major retail chains that offer competitive prices on both generic and brand-name prescriptions -- Costco and Walgreens. Luckily, there was a Walgreens right around the corner and after a few short calls, I was able to pick up my meds quickly.
Today's Research Daily features new research reports on 16 major stocks, including Costco Wholesale Corporation (COST), Intuit Inc. (INTU) and Schlumberger Limited (SLB).