Best Stock to Buy Right Now: Home Depot vs. Costco

Last year was a fantastic one for the market with the S 500 jumping 24% after dropping by double digits in 2022. A lot of businesses benefited from the ongoing rally.

Look at warehouse club operator Costco Wholesale (NASDAQ: COST). Its shares surged 45% in 2023, outpacing the broader index. But then there's Home Depot (NYSE: HD), whose shares meaningfully underperformed, up just 10% last year.

There are valid arguments to be made for the investment merits of both of these top retail stocks, but let's see perhaps which one comes out on top.

Source Fool.com