Posted 2/3/2024, 1:45:00 PM
Costco and Amazon Poised for Growth Despite Economic Headwinds
- Costco's subscription-based model has fueled high growth and profits over the long term
- Costco offers surprise dividends much larger than its 0.61% dividend yield
- Amazon quickly cut costs during 2022's downturn, leading to a recovery in revenue and profits
- Amazon is poised to benefit from growth in artificial intelligence given AWS' huge cloud infrastructure
- Amazon's low price-to-sales ratio relative to peers signals its stock is a bargain right now