Question of the Day: What stock has been the best performer this calendar year: Amazon, Walmart or Costco?
Note: Percentage is the change in the stock price since January 1st.
- Why do you think that Amazon has performed better than the other two companies?
- A recent study found that 6.3% of groceries were purchased online in 2019. Do you think the current pandemic will permanently alter the way people buy their groceries?
- Do you/your family have a favorite among the three companies?
- If so, which one do you/your family favor and why?
- Extension: Some analysts are saying that these three companies + Target will become even stronger during this pandemic. Read the Axios article and decide whether you think this is true.
Behind the numbers (from Axios):
The titans of the retail industry — Amazon, Walmart, Target and Costco — are poised to come out of the coronavirus crisis even stronger and more formidable than they were before, as smaller rivals suffer and wither.
Want to understand how personal finance is changing in this age of pandemic? Attend one or both of the virtual PDs this Friday on the subject.
About the Author
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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