Better Buy: Apple vs. AMD Stock
Tech stocks returned to favor this year after the market suffered a dramatic sell-off in 2022. Many of the industry's companies have enjoyed solid recoveries as advances in sectors like artificial intelligence (AI) and virtual/augmented reality (VR/AR) have created bullish investors.
As a result, companies pushing these markets forward, such as Apple (NASDAQ: AAPL) and Advanced Micro Devices (NASDAQ: AMD), are increasingly attractive investments. These businesses suffered considerable stock declines in 2022. However, shares in Apple and Advanced Micro Devices (AMD) have soared since Jan. 1 and will likely continue on their current trajectory over the long term.
Apple is a compelling buy with its dominance in consumer tech. And AMD's powerful chips allow it to profit from growth across multiple industries. But before you add these tech giants to your portfolio, it's a good idea to make the most of your investment by finding out which is currently the better buy. So, let's take a closer look.
Source Fool.com