Better Buy: Costco vs. BJ's Wholesale
At first glance, Costco (NASDAQ: COST) and BJ's Wholesale (NYSE: BJ) appear quite similar -- both are warehouse club operators that specialize in selling products in bulk. They also both opened their doors at approximately the same time. The first Costco opened in 1983 in Seattle, while BJ's started operations in New England in 1984.
However, since that time, Costco has placed itself on a much faster growth trajectory with 791 warehouses in 45 U.S. states and 11 foreign countries. In contrast, BJ's has expanded to 219 clubs, mostly on the east coast of the U.S.
Nonetheless, the coronavirus pandemic appears to have breathed new life into BJ's stock. Let's look at both consumer staples companies to learn more.
Source Fool.com
