Future Investing
Big Tech Earnings Are HERE, What I'm Buying | Tech Frenzy
10/29/2025, 11:52:45 PM
Economic Summary
- The speaker argues Apple (AAPL) should be chosen over big-box retailers like Costco (COST) and Walmart (WMT), implying Apple warrants a higher valuation than those retailers.
- Costco (COST) is viewed as overvalued and vulnerable because Amazon (AMZN) moving into big-box retail could erode Costco's membership-based business model and foot traffic.
- Consumer time and convenience matter: an average Costco trip is estimated at ~40 minutes roundtrip (20 minutes each way), which may reduce consumer willingness to shop there and favor closer alternatives.
Bullish
- Pick Apple over Costco or Walmart.
- Amazon entering big-box retail is a growth opportunity.
Bearish
- Costco is overpriced and 'disgusting'—valuation appears unjustified.
- Amazon entering big-box retail could kill Costco memberships.
- Walmart is a worse pick than Apple.
Bullish tickers
AAPLAMZN
Bearish tickers
COSTWMT
AAPL
Bullish
Preferred over Costco and Walmart; speaker believes AAPL warrants a higher valuation.
COST
Bullish
Large membership base and store experience advantages (parking, in-store selection).
Bearish
Called overpriced and vulnerable to Amazon's entry into big-box retail, which could kill memberships.
WMT
Bearish
Viewed as an inferior choice compared with Apple in the speaker's argument.
AMZN
Bullish
Expansion into big-box retail could capture share from Costco and other retailers.
People mentioned
Kathy WoodBernie MadoffJoseph CarlsonStephen FiorilloMatt