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Retail Stocks To Follow Now - October 16th

Amazon.com logo with Retail/Wholesale background

Key Points

  • Amazon.com, Alibaba Group, and Costco Wholesale are identified as the top retail stocks to follow right now, based on their recent trading volumes.
  • Amazon is noted for its diverse operations, including e-commerce, electronic devices, and potential grocery disruption.
  • Alibaba provides technology infrastructure and marketing services to various businesses, while Costco operates membership warehouses across multiple countries, offering a wide range of products.
  • 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 companies that operate in the retail sector—businesses that sell goods or services directly to consumers, such as supermarkets, clothing chains, and e-commerce platforms. The phrase is also sometimes used to describe equities commonly bought and traded by retail investors (individual, non‑professional traders), especially smaller-cap or highly speculative "meme" stocks; context usually indicates which meaning is intended. 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

See Also

Should You Invest $1,000 in Amazon.com Right Now?

Before you consider Amazon.com, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amazon.com wasn't on the list.

While Amazon.com currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

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