As consumers become increasingly cost-conscious, discount retailers are experiencing a surge in demand. Telsey Advisory Group Senior Managing Director Joe Feldman joins Yahoo Finance Live to discuss his top picks among retailers that he believes will thrive as consumers prioritize value-conscious shopping. Feldman highlights Costco (COST) as a standout performer, stating that the wholesaler "continues to perform really, really well" and is "leading the way." Despite catering to "a more affluent" consumer base, Costco offers "high-quality products" at affordable, value-driven prices, appealing to a much broader range of shoppers. Another name Feldman highlights is Walmart (WMT), which he praises for its consistent execution in building and growing its customer ecosystem. He refers to Walmart as the "King of Retail," offering discretionary items at value prices. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith