Reported about 1 year ago
The Motley Fool article compares Amazon (NASDAQ: AMZN) and Costco Wholesale (NASDAQ: COST) as investment options for shareholders. Amazon showcased impressive revenue and profitability growth, including $143.3 billion in net sales for Q1 2024 and $46.1 billion in free cash flow over the trailing 12 months, while Costco reported $57.4 billion in net sales for its fiscal Q3 2024. Despite Costco's stable financials and shareholder returns through dividends, Amazon stands out with its higher revenue growth potential due to investments in generative AI. As a result, Amazon is considered a better buy at the moment based on valuation and growth prospects.
Source: YAHOO