COST, AMZN: Warehouse & Discount Retailers Keep Winning
Schwab Network
English - November 22, 2022 17:55 - 6 minutes - 59.2 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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We continue to see warehouse clubs Costco (COST) and Amazon (AMZN) winning, says Chris Verasce. He discusses what recent earnings reports tell us about the economy. He talks about how Walmart (WMT) comments on grocery being half of COST's revenue stream. He also goes over how e-commerce sales are expected to take consumer wallet share for the holidays. He also notes why discount retailers are winning. Tune in to find out more about the stock market today.