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Promising Retail Stocks To Add to Your Watchlist - October 9th

Amazon.com logo with Retail/Wholesale background

Key Points

  • Amazon.com, Alibaba Group, and Costco Wholesale are highlighted as the top retail stocks to watch, showing significant trading volume recently.
  • Amazon operates in three main segments: North America, International, and Amazon Web Services (AWS), alongside selling various electronic devices.
  • Alibaba provides technology infrastructure and marketing services across multiple segments, including China Commerce and Cloud services, aimed at enhancing business engagement.
  • MarketBeat previews the top five stocks to own by November 1st.

Amazon.com, Alibaba Group, and Costco Wholesale are the three Retail stocks to watch today, according to MarketBeat's stock screener tool. Retail stocks are shares of publicly traded companies that are primarily bought and sold by individual, non-professional investors rather than by large institutional funds. These stocks often trade on consumer-friendly brokerage platforms and can exhibit higher short-term volatility due to the collective sentiment and trading patterns of retail participants. These companies had the highest dollar trading volume of any Retail stocks within the last several days.

Amazon.com (AMZN)

Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.

Read Our Latest Research Report on AMZN

Alibaba Group (BABA)

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.

Read Our Latest Research Report on BABA

Costco Wholesale (COST)

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.

Read Our Latest Research Report on COST

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