<p>在挑戰性宏觀經濟時期，消費類必需品公司通常表現出彈性。這是因為它們銷售被認為是日常生活必需品的產品。利用 TipRanks 的股票比較工具，我們將沃爾瑪（WMT）、Costco（COST）和可口可樂（KO）進行比較，以找到最佳的消費類必需品股票，根據華爾街分析師的觀點。</p>
<p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/08/Staples.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="971" height="239" original-src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/08/Staples.png"/></p>
<h2><strong>沃爾瑪（NYSE:WMT）</strong></h2>
<p>大型零售商沃爾瑪的股價今年迄今已上漲約 30%。WMT 在 2024 財年第一季度（截至 2024 年 4 月 30 日）的業績令投資者印象深刻。第一財季調整後每股收益（EPS）增長 22%，受益於強勁的營收增長、較高的毛利率和會員收入。</p>
<p>在嚴峻的宏觀背景下，沃爾瑪的價值優惠繼續吸引尋找便宜商品的顧客。由於高通脹，許多顧客更傾向於在家做飯而不是外出就餐，公司的雜貨業務正在經歷強勁增長。</p>
<p>WMT 還受益於其電子商務業務的增長。在 2024 財年第一季度，WMT 的電子商務銷售增長 21%，得益於店內取貨和送貨以及公司不斷增長的市場。重要的是，公司正努力通過專注於廣告、會員制、市場和配送解決方案、數據分析和洞察等高利潤業務來提升盈利能力。</p>
<p>沃爾瑪計劃於 8 月 15 日公佈其第二財季業績。分析師預計公司的每股收益將增長 6.5%，達到 0.65 美元，營收將增長超過 4%，達到 1674 億美元。</p>
<h2><strong>現在是買入沃爾瑪股票的好時機嗎？</strong></h2>
<p>上週，BMO Capital 分析師 Kelly Bania 將 WMT 股票的目標價從 75 美元上調至 80 美元，並重申了買入評級，此前與公司管理層進行了會議。分析師表示，沃爾瑪有望以比銷售更快的速度增加 EBIT（利息、税項前利潤），即使公司繼續進行增長投資。</p>
<p>分析師認為，管理層預計美國電子商務業務在未來一到兩年內實現盈利是可行的。他的樂觀態度得到了近幾個季度交付成本減少 40%、供應鏈自動化的好處以及同意支付更快送貨選項的顧客數量增加的支持。</p>
<p>沃爾瑪股票獲得強烈的買入共識評級，由 27 個買入和 3 個持有支持。平均目標價為 74.11 美元，暗示着 8.3% 的上漲潛力。WMT 提供 1.2% 的股息率。</p>
<p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/08/WMT.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="811" height="274" original-src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/08/WMT.png"/></p>
<h2><strong>Costco 批發公司（NASDAQ:COST）</strong></h2>
<p>會員制倉儲連鎖店 Costco 批發公司持續以其穩健表現令投資者印象深刻。Costco 的彈性表現得到其價值優惠和忠誠客户羣的支持。公司通常享有約 90% 左右的會員續費率。</p>
<p>儘管受到宏觀壓力，Costco 宣佈了超出預期的 6 月銷售業績。截至 2024 年 7 月 7 日的五週零售月份，公司淨銷售額增長 7.4%，達到 244.8 億美元。6 月份的可比銷售增長 5.3%，電子商務銷售增長 18.4%。</p>
<p>公司最近宣佈了備受期待的會員費增加。投資者對此消息表示歡迎，因為 Costco 的會員費佔其營業利潤的相當大部分。</p>
<h2><strong>Costco 的目標價是多少？</strong></h2>
<p>在宣佈會員費增加後，TD Cowen 分析師 Oliver Chen 將 Costco 股票的目標價從 850 美元上調至 925 美元，並重申了買入評級。</p>
<p>分析師認為，公司的數字創新、個性化和市場機會支持其溢價估值。</p>
<p>Costco 股票獲得 19 個買入和 6 個持有的強烈買入共識評級。平均目標價為 910.05 美元，暗示着約 11% 的上漲潛力。今年迄今，股價已上漲 24.5%。Costco 股票提供 0.5% 的股息率。</p>
<p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/08/COST.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="809" height="272" original-src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/08/COST.png"/></p>
<h2><strong>可口可樂（NYSE:KO）</strong></h2>
<p>蘇打巨頭可口可樂的股價今年迄今上漲約 18%。上個月，公司宣佈第二季度業績超出預期，有機營收增長 15%。公司的表現反映了在具有挑戰性的商業背景下的強勁執行。</p>
<p>鑑於強勁的第二季度業績，KO 將全年有機營收增長預期提高至 9% 至 10%，而之前的預期為 8% 至 9%。公司還提高了可比收益增長的預期。</p>
<p>上週，可口可樂因與美國國內税務局的法律糾紛而成為新聞焦點。公司被要求向 IRS 支付 60 億美元的拖欠税款和利息。儘管可口可樂將支付税款，但將對聯邦税務法院的決定提出上訴。</p>
<p>TD Cowen 分析師 Robert Moskow 表示，如果 KO 在上訴中失敗，公司的税率可能會受到不利影響，儘管影響 “相對較小”。分析師補充説，如果 KO 的税率從 19% 上升至 24%，他的每股收益預測將下調近 5%。</p>
<h2><strong>購買 KO 股票是個好選擇嗎？</strong></h2>
<p>大多數覆蓋 KO 股票的分析師對其前景持樂觀態度。針對可口可樂第二季度業績，RBC Capital 分析師 Nik Modi 重申了對 KO 股票的買入評級，並將目標價從 65 美元上調至 68 美元，稱讚季度內強勁的營收增長、銷量勢頭和高質量的收益。</p>
<p>然而，分析師指出，由於季度內在順序基礎上的艱難比較和一些發達市場的疲軟，公司對第三季度的評論較為謹慎。</p>
<p>總體而言，根據 14 個買入和 6 個持有，可口可樂獲得了中等買入的共識評級。平均目標價為 69.79 美元，表明股價在當前水平上是公平價值的。KO 提供 2.8% 的股息率。</p>
<p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/08/KO.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="807" height="271" original-src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/08/KO.png"/></p>
<h2><strong>結論</strong></h2>
<p>華爾街對好市多和沃爾瑪持高度看好態度，對可口可樂持謹慎樂觀態度。目前，分析師認為好市多和沃爾瑪股票的上漲潛力相當。這兩隻股票已經證明了其商業模式的強大，並繼續通過其價值主張吸引客户。</p>
<p>儘管華爾街對好市多和沃爾瑪股票給予強烈買入評級，但有趣的是，對於沃爾瑪股票，對沖基金表現出非常積極的信心信號，但對好市多則表現出負面信號。對沖基金上個季度增持了 1150 萬股沃爾瑪股票。相比之下，同期對沖基金減持了 110 萬股好市多股票。</p>
<p>披露</p>

開市客

可口可樂

<p>華爾瑪、好市多和可口可樂被華爾街分析師進行比較，以確定最佳的消費類股票。華爾瑪在 2025 財年第一季度取得了令人矚目的增長，主要受強勁的營收和電子商務銷售推動。分析師對華爾瑪股票持積極態度。好市多也繼續表現良好，銷售額強勁，並最近提高了會員費。可口可樂在第二季度取得了積極的業績，但面臨與美國國税局的法律糾紛。這份摘要聚焦於財務和業務相關信息</p>

<p>Consumer staples companies generally tend to be resilient during challenging macroeconomic times. This is because they sell products that are considered essential for daily life. Using TipRanks’ Stock Comparison Tool, we placed Walmart (WMT), Costco (COST), and Coca-Cola (KO) against each other to find the best consumer staples stock, according to Wall Street analysts.</p>
<div class="lb-trans"><p>在挑戰性宏觀經濟時期，消費類必需品公司通常表現出彈性。這是因為它們銷售被認為是日常生活必需品的產品。利用 TipRanks 的股票比較工具，我們將沃爾瑪（WMT）、Costco（COST）和可口可樂（KO）進行比較，以找到最佳的消費類必需品股票，根據華爾街分析師的觀點。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/08/Staples.png" alt="" original-src="https://blog.tipranks.com/wp-content/uploads/2024/08/Staples.png"/></p>
<h2><strong>Walmart (NYSE:WMT)</strong></h2>
<div class="lb-trans"><h2><strong>沃爾瑪（NYSE:WMT）</strong></h2>
</div><p>Shares of big-box retailer Walmart have rallied about 30% so far this year. WMT impressed investors with its upbeat results for Q1 FY25 (ended April 30, 2024). The 22% growth in Q1 FY25 adjusted earnings per share (EPS) was driven by strong revenue growth, higher gross margin, and membership income.</p>
<div class="lb-trans"><p>大型零售商沃爾瑪的股價今年迄今已上漲約 30%。WMT 在 2024 財年第一季度（截至 2024 年 4 月 30 日）的業績令投資者印象深刻。第一財季調整後每股收益（EPS）增長 22%，受益於強勁的營收增長、較高的毛利率和會員收入。</p>
</div><p>Walmart’s value offerings continue to attract bargain-seeking customers amid a tough macro backdrop. The company’s grocery business is witnessing strong growth, with many customers preferring to cook at home than dine out at restaurants due to high inflation.</p>
<div class="lb-trans"><p>在嚴峻的宏觀背景下，沃爾瑪的價值優惠繼續吸引尋找便宜商品的顧客。由於高通脹，許多顧客更傾向於在家做飯而不是外出就餐，公司的雜貨業務正在經歷強勁增長。</p>
</div><p>WMT is also gaining from the strength in its e-commerce business. In Q1 FY25, WMT’s e-commerce sales increased 21%, fueled by store-fulfilled pickup and delivery and the company’s growing marketplace. Importantly, the company is trying to enhance its profitability by focusing on high-margin businesses like advertising, membership, marketplace and fulfillment solutions, and data analytics and insights.</p>
<div class="lb-trans"><p>WMT 還受益於其電子商務業務的增長。在 2024 財年第一季度，WMT 的電子商務銷售增長 21%，得益於店內取貨和送貨以及公司不斷增長的市場。重要的是，公司正努力通過專注於廣告、會員制、市場和配送解決方案、數據分析和洞察等高利潤業務來提升盈利能力。</p>
</div><p>Walmart is scheduled to announce its fiscal second-quarter results on August 15. Analysts expect the company’s EPS to increase by 6.5% to $0.65 per share and revenue to grow over 4% to $167.4 billion.</p>
<div class="lb-trans"><p>沃爾瑪計劃於 8 月 15 日公佈其第二財季業績。分析師預計公司的每股收益將增長 6.5%，達到 0.65 美元，營收將增長超過 4%，達到 1674 億美元。</p>
</div><h2><strong>Is Walmart a Good Stock to Buy Now?</strong></h2>
<div class="lb-trans"><h2><strong>現在是買入沃爾瑪股票的好時機嗎？</strong></h2>
</div><p>Last week, BMO Capital analyst Kelly Bania raised the price target for WMT stock to $80 from $75 and reaffirmed a Buy rating following meetings with the company’s management. The analyst stated that Walmart is well-positioned to increase its EBIT (earnings before interest and taxes) at a faster rate than sales, even as the company continues to make growth investments.</p>
<div class="lb-trans"><p>上週，BMO Capital 分析師 Kelly Bania 將 WMT 股票的目標價從 75 美元上調至 80 美元，並重申了買入評級，此前與公司管理層進行了會議。分析師表示，沃爾瑪有望以比銷售更快的速度增加 EBIT（利息、税項前利潤），即使公司繼續進行增長投資。</p>
</div><p>The analyst thinks that management’s expectation of the U.S. e-commerce operations turning profitable in the next one to two years is achievable. His optimism is backed by a 40% reduction in delivery costs in recent quarters, benefits of supply chain automation, and a rise in the number of customers agreeing to pay for faster delivery options.</p>
<div class="lb-trans"><p>分析師認為，管理層預計美國電子商務業務在未來一到兩年內實現盈利是可行的。他的樂觀態度得到了近幾個季度交付成本減少 40%、供應鏈自動化的好處以及同意支付更快送貨選項的顧客數量增加的支持。</p>
</div><p>Walmart stock earns a Strong Buy consensus rating, backed by 27 Buys and three Holds. The average WMT stock price target of $74.11 implies 8.3% upside potential. WMT offers a dividend yield of 1.2%.</p>
<div class="lb-trans"><p>沃爾瑪股票獲得強烈的買入共識評級，由 27 個買入和 3 個持有支持。平均目標價為 74.11 美元，暗示着 8.3% 的上漲潛力。WMT 提供 1.2% 的股息率。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/08/WMT.png" alt="" original-src="https://blog.tipranks.com/wp-content/uploads/2024/08/WMT.png"/></p>
<h2><strong>Costco Wholesale (NASDAQ:COST)</strong></h2>
<div class="lb-trans"><h2><strong>Costco 批發公司（NASDAQ:COST）</strong></h2>
</div><p>Membership-only warehouse chain Costco Wholesale continues to impress investors with its consistent performance. Costco’s resilient performance is supported by its value offerings and a loyal customer base. The company generally enjoys membership renewal rates of around 90%.</p>
<div class="lb-trans"><p>會員制倉儲連鎖店 Costco 批發公司持續以其穩健表現令投資者印象深刻。Costco 的彈性表現得到其價值優惠和忠誠客户羣的支持。公司通常享有約 90% 左右的會員續費率。</p>
</div><p>Despite macro pressures, Costco announced better-than-expected June sales. The company’s net sales for the retail month of June (five weeks ended July 7, 2024) increased 7.4% to $24.48 billion. Comparable sales for June rose 5.3%, with e-commerce sales growing 18.4%.</p>
<div class="lb-trans"><p>儘管受到宏觀壓力，Costco 宣佈了超出預期的 6 月銷售業績。截至 2024 年 7 月 7 日的五週零售月份，公司淨銷售額增長 7.4%，達到 244.8 億美元。6 月份的可比銷售增長 5.3%，電子商務銷售增長 18.4%。</p>
</div><p>The company recently announced the much-awaited increase in its membership fee. Investors cheered the news as Costco’s membership fee accounts for a significant portion of its operating profit.</p>
<div class="lb-trans"><p>公司最近宣佈了備受期待的會員費增加。投資者對此消息表示歡迎，因為 Costco 的會員費佔其營業利潤的相當大部分。</p>
</div><h2><strong>What is the Target Price for Costco?</strong></h2>
<div class="lb-trans"><h2><strong>Costco 的目標價是多少？</strong></h2>
</div><p>Following the announcement of the membership fee increase, TD Cowen analyst Oliver Chen increased the price target for Costco stock from $850 to $925 and reaffirmed a Buy rating.</p>
<div class="lb-trans"><p>在宣佈會員費增加後，TD Cowen 分析師 Oliver Chen 將 Costco 股票的目標價從 850 美元上調至 925 美元，並重申了買入評級。</p>
</div><p>The analyst believes the company’s digital innovation, personalization, and marketplace opportunities support its premium valuation.</p>
<div class="lb-trans"><p>分析師認為，公司的數字創新、個性化和市場機會支持其溢價估值。</p>
</div><p>With 19 Buys versus six Holds, Costco stock is assigned a Strong Buy consensus rating. The average COST stock price target of $910.05 implies about 11% upside potential. Shares have advanced 24.5% so far this year. COST stock offers a dividend yield of 0.5%.</p>
<div class="lb-trans"><p>Costco 股票獲得 19 個買入和 6 個持有的強烈買入共識評級。平均目標價為 910.05 美元，暗示着約 11% 的上漲潛力。今年迄今，股價已上漲 24.5%。Costco 股票提供 0.5% 的股息率。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/08/COST.png" alt="" original-src="https://blog.tipranks.com/wp-content/uploads/2024/08/COST.png"/></p>
<h2><strong>Coca-Cola (NYSE:KO)</strong></h2>
<div class="lb-trans"><h2><strong>可口可樂（NYSE:KO）</strong></h2>
</div><p>Shares of soda giant Coca-Cola have risen about 18% year-to-date. Last month, the company announced better-than-anticipated results for the second quarter, with organic revenue rising 15%. The company’s performance reflected strong execution in a challenging business backdrop.</p>
<div class="lb-trans"><p>蘇打巨頭可口可樂的股價今年迄今上漲約 18%。上個月，公司宣佈第二季度業績超出預期，有機營收增長 15%。公司的表現反映了在具有挑戰性的商業背景下的強勁執行。</p>
</div><p>Given the solid Q2 results, KO raised its full-year organic revenue growth guidance to the range of 9% to 10% compared to the prior outlook of 8% to 9%. The company also increased its comparable earnings growth outlook.</p>
<div class="lb-trans"><p>鑑於強勁的第二季度業績，KO 將全年有機營收增長預期提高至 9% 至 10%，而之前的預期為 8% 至 9%。公司還提高了可比收益增長的預期。</p>
</div><p>Last week, Coca-Cola was in the news due to an unfavorable development related to its legal dispute with the U.S. Internal Revenue Service. The company is required to pay $6 billion in back taxes and interest to the IRS. While Coca-Cola will pay the tax penalty, it will appeal the federal tax court’s decision.</p>
<div class="lb-trans"><p>上週，可口可樂因與美國國內税務局的法律糾紛而成為新聞焦點。公司被要求向 IRS 支付 60 億美元的拖欠税款和利息。儘管可口可樂將支付税款，但將對聯邦税務法院的決定提出上訴。</p>
</div><p>TD Cowen analyst Robert Moskow stated that there could be adverse implications for the company’s tax rate if KO loses the appeal, though “relatively minor.” The analyst added that his EPS estimates would come down by nearly 5% if KO’s tax rate increased to 24% from 19%.</p>
<div class="lb-trans"><p>TD Cowen 分析師 Robert Moskow 表示，如果 KO 在上訴中失敗，公司的税率可能會受到不利影響，儘管影響 “相對較小”。分析師補充説，如果 KO 的税率從 19% 上升至 24%，他的每股收益預測將下調近 5%。</p>
</div><h2><strong>Is KO a Good Stock to Buy?</strong></h2>
<div class="lb-trans"><h2><strong>購買 KO 股票是個好選擇嗎？</strong></h2>
</div><p>Most analysts covering KO stock remain bullish on its prospects. In reaction to Coca-Cola’s Q2 earnings, RBC Capital analyst Nik Modi reaffirmed a Buy rating on KO stock and raised his price target to $68 from $65, citing strong top-line growth, volume momentum, and high-quality earnings in the quarter.</p>
<div class="lb-trans"><p>大多數覆蓋 KO 股票的分析師對其前景持樂觀態度。針對可口可樂第二季度業績，RBC Capital 分析師 Nik Modi 重申了對 KO 股票的買入評級，並將目標價從 65 美元上調至 68 美元，稱讚季度內強勁的營收增長、銷量勢頭和高質量的收益。</p>
</div><p>However, the analyst pointed out the company’s commentary about a softer third quarter due to tough comparisons on a sequential basis and softness in some developed markets.</p>
<div class="lb-trans"><p>然而，分析師指出，由於季度內在順序基礎上的艱難比較和一些發達市場的疲軟，公司對第三季度的評論較為謹慎。</p>
</div><p>Overall, Coca-Cola has a Moderate Buy consensus rating based on 14 Buys and six Holds. The average KO stock price target of $69.79 indicates that the stock is fairly valued at current levels. KO offers a dividend yield of 2.8%.</p>
<div class="lb-trans"><p>總體而言，根據 14 個買入和 6 個持有，可口可樂獲得了中等買入的共識評級。平均目標價為 69.79 美元，表明股價在當前水平上是公平價值的。KO 提供 2.8% 的股息率。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/08/KO.png" alt="" original-src="https://blog.tipranks.com/wp-content/uploads/2024/08/KO.png"/></p>
<h2><strong>Conclusion</strong></h2>
<div class="lb-trans"><h2><strong>結論</strong></h2>
</div><p>Wall Street is highly bullish on Costco and Walmart and cautiously optimistic about Coca-Cola. Currently, analysts see comparable upside potential in Costco and Walmart stocks. Both these stocks have proved the strength of their business models and continue to attract customers with their value proposition.</p>
<div class="lb-trans"><p>華爾街對好市多和沃爾瑪持高度看好態度，對可口可樂持謹慎樂觀態度。目前，分析師認為好市多和沃爾瑪股票的上漲潛力相當。這兩隻股票已經證明了其商業模式的強大，並繼續通過其價值主張吸引客户。</p>
</div><p>While Wall Street has a Strong Buy rating on both COST and WMT stocks, it is interesting to note that hedge funds have a Very Positive Confidence Signal on WMT stock but a Negative signal on Costco. Hedge funds increased their WMT holdings by 11.5 million shares last quarter. In contrast, hedge funds decreased their COST holdings by 1.1 million shares in the same period.</p>
<div class="lb-trans"><p>儘管華爾街對好市多和沃爾瑪股票給予強烈買入評級，但有趣的是，對於沃爾瑪股票，對沖基金表現出非常積極的信心信號，但對好市多則表現出負面信號。對沖基金上個季度增持了 1150 萬股沃爾瑪股票。相比之下，同期對沖基金減持了 110 萬股好市多股票。</p>
</div><p>Disclosure</p>
<div class="lb-trans"><p>披露</p>
</div>

WMT, COST, or KO: Which Consumer Staples Stock is the Best Pick?

- 沃爾瑪（WMT）股票今年迄今上漲約 30%，Q1 FY25 調整後每股收益增長 22%，受益於強勁的營收增長和高毛利率。  
- 沃爾瑪的雜貨業務增長強勁，許多顧客由於通貨膨脹更傾向於在家烹飪。  
- 沃爾瑪的電子商務銷售增長 21%，公司致力於提高利潤率，關注高利潤業務。

沃爾瑪、好市多還是可口可樂：哪隻消費必需品股票是最佳選擇？