Better Buy: Costco vs. GameStop
Throughout most of the past decade, shares of Costco (NASDAQ: COST) and GameStop (NYSE: GME) traveled in opposite directions.
Costco impressed investors with its aggressive expansion, sticky memberships, and resilience against e-commerce incursions by the likes of Amazon. Meanwhile, GameStop was often dubbed the "next Blockbuster" as American malls collapsed and digital downloads replaced physical games.
But all that changed this year, when a historic short squeeze propelled GameStop's stock price to record highs. At the same time, interest in Costco waned as investors braced for a slowdown in pandemic-driven shopping.
Source Fool.com
