VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Wednesday, December 31, 2025
Stock Comparison
Costco Wholesale Corporation vs Nasdaq, Inc.
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
Costco Wholesale Corporation
COST · Nasdaq Global Select Market
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Costco Wholesale Corporation's moat claims, evidence, and risks.
View COST analysisNasdaq, Inc.
NDAQ · NASDAQ
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Nasdaq, Inc.'s moat claims, evidence, and risks.
View NDAQ analysisComparison highlights
- Moat score gap: Costco Wholesale Corporation leads (80 / 100 vs 76 / 100 for Nasdaq, Inc.).
- Segment focus: Costco Wholesale Corporation has 2 segments (98.1% in Warehouse club retail); Nasdaq, Inc. has 3 segments (42.4% in Capital Access Platforms).
- Primary market structure: Oligopoly vs Oligopoly. Pricing power: Weak vs Moderate.
- Moat breadth: Costco Wholesale Corporation has 6 moat types across 3 domains; Nasdaq, Inc. has 9 across 5.
Primary market context
Costco Wholesale Corporation
Warehouse club retail
Membership warehouse club retail (warehouse clubs, ancillary services, and e-commerce)
Global
Households and small businesses
Retailer (membership club)
98.1%
Nasdaq, Inc.
Capital Access Platforms
Issuer and investor solutions: listings, index licensing, market data, and investment analytics/workflow platforms
Global (with major exposure to U.S. and Nordic/Baltic markets)
Public/private companies (issuers), asset managers, institutional investors, data subscribers
Listing venue + index administrator/licensor + data/analytics provider
42.4%
Side-by-side metrics
Moat coverage
Shared moat types
Costco Wholesale Corporation strengths
Nasdaq, Inc. strengths
Segment mix
Costco Wholesale Corporation segments
Full profile >Warehouse club retail
Oligopoly
Membership fees (subscription)
Oligopoly
Nasdaq, Inc. segments
Full profile >Market Services
Competitive
Capital Access Platforms
Oligopoly
Financial Technology
Competitive
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View the moat stocks listCuration & Accuracy
This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.