Costco will eventually surpass Walmart at one point. If you think about it, Costco’s current market cap stands at $182.3 billion, which is way below Walmart’s $393.1 billion. It’s important to consider that Costco does a much better job taking care of stakeholders than Walmart does. Under my definition, stakeholders include employees, customers, the environment, and many others. 

Competitive landscapes are changing, which we will have to consider Amazon as a threat in overtaking retail, including groceries. However, it’s in my opinion that antitrust laws and actions from the federal government will take swift action to prevent Amazon from consolidating too much power. Amazon is poised to be more monopolistic than Standard Oil once was. 

Costco isn’t only expanding in the United States, but they are expanding all over the world with a new location coming up in New Zealand and Sweden that never had a Costco location before. 

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Costco’s finance is solid, although they’re operating on a thin margin. It’s also helpful that Costco has at least 10 billion dollars of cash on its hand. 

Conclusion: I’m Bullish AF, and I believe Costco still has a lot of room for growth. It’s still important to note that Costco is overvalued.