There's No Denying Macy's Is a Great Buy Now, but This Stock Could Be an Even Better Buy Over the Next 10 Years
Although Macy's continues to execute its turnaround, warehouse retailer Costco has executed flawlessly for many years.
Overview
Investors often face choices. Sometimes, it comes down to two good stocks. In that case, you have to pick which one you think will do better.
Macy's (NYSE: M) has been successfully executing its turnaround plan, including focusing on selling luxury items. Its same-store sales (comps) have been growing across its brands, and the shares have rewarded investors. The retailer's stock price gained 15.2% this year through Aug. 10, besting the S&P 500 index's 13.3% appreciation.
Details
However, while that's certainly good news for those who purchased Macy's stock, I prefer Costco Wholesale (NASDAQ: COST) as a long-term investment.
Source
Originally published at www.fool.com.