Better Buy: Costco vs. Best Buy
There aren't too many brick-and-mortar chains holding their own these days, but Costco Wholesale (NASDAQ: COST) and Best Buy (NYSE: BBY) are near the top of the list. They have been thriving for years, even as consumers flock to e-commerce solutions.
Costco and Best Buy run big-box retail outlets with exposed ceilings in a warehouse setting. You can buy consumer electronics at both chains, but the business similarities pretty much end there. Costco offers a broad range of products and services beyond consumer electronics, even though Best Buy will naturally have the better selection in its area of specialty. Costco also operates as a warehouse club, where only paid members in good standing can usually shop at its physical locations.
Investors have been served well by both investments, but what about the future? Is Costco or Best Buy the better buy? Let's look at both concepts to see which investment belongs in your portfolio right now.
Source Fool.com
