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Better Buy: Amazon vs. Costco

Better Buy: Amazon vs. Costco

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).