Best Stock to Buy Right Now: Costco vs. Home Depot

Costco (NASDAQ: COST) and Home Depot (NYSE: HD) carry market caps of $389 billion and $406 billion, respectively. Consequently, I'm sure many investors are also customers of these two massive businesses. Both retail stocks have rewarded shareholders over the past few decades, but one is obviously the better company to buy right now.With fiscal 2024 net sales of $250 billion, Costco is the third-biggest retailer in the world. It's known for selling quality merchandise in a broad range of categories at some of the lowest prices around, which is why it has come to dominate the retail sector.Costco's size helps it benefit from powerful scale advantages, which is its key competitive strength. The business carries far fewer stock-keeping units than its rivals. Therefore, it has tremendous negotiating leverage when purchasing goods from suppliers. This results in lower per-unit costs, savings that are always passed on to shoppers.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool