What Does Amazon Mean for Costco Stock?

Jeremy Bowman, The Motley Fool
·4 min read
What Does Amazon Mean for Costco Stock?
What Does Amazon Mean for Costco Stock?

To the question of what's the most feared competitor in retail, the answer is simple. Amazon (NASDAQ: AMZN) has demonstrated time and again its desire to disrupt as many corners of the retail industry has possible, and Wall Street tends to give the tech giant a wide berth. For instance, when Amazon acquired Whole Foods Market in 2017, supermarket stocks fell broadly, including Sprouts, Supervalu, Walmart, and Costco (NASDAQ: COST), as investors feared that the industry was about to experience the "Amazon effect."